The 1.6-acre parcel off Canal Road in Hampton Bays that includes the Dream Nightclub and four houses is up for sale, according to Kenneth Kingsley, one of the owners.
The property, which partially borders the Shinnecock Canal, has a current asking price of $1,795,000 and is listed with Village Real Estate in Hampton Bays. Two single-family homes and two houses with accessory apartments also are located on the property.
“I’ve owned it for 42 years, so it’s time to move on,” Mr. Kingsley said during a recent interview.
Douglas Murtha of Southampton also has a stake in the property. Susan Murtha, his wife, said her husband was hoping to sell their share before they both retire.
Mr. Kingsley said a number of people have expressed interest in buying the property, including Frank Vlahadamis, who... more
The property, which partially borders the Shinnecock Canal, has a current asking price of $1,795,000 and is listed with Village Real Estate in Hampton Bays. Two single-family homes and two houses with accessory apartments also are located on the property.
“I’ve owned it for 42 years, so it’s time to move on,” Mr. Kingsley said during a recent interview.
Douglas Murtha of Southampton also has a stake in the property. Susan Murtha, his wife, said her husband was hoping to sell their share before they both retire.
Mr. Kingsley said a number of people have expressed interest in buying the property, including Frank Vlahadamis, who... more



Oct 3, 2012 10:03 AM
















"The property also has Suffolk County Health Department approval for 12 condominiums, according to Mr. Kingsley. He added that if they were to be constructed, the homes would have to be demolished and the nightclub could either continue to operate as-is, or be transformed into some type of clubhouse for the complex."
Umm, maybe according to the Health Dept. but there is no way the Town of Southampton would allow 12 condos AND continued use of the nightclub. What ...more a joke.