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Hamptons Rentals: Great Deals In June, Amagansett Dunes Is Hot, Short-Terms Popular

John A. Viteritti by John A. Viteritti
March 11, 2014
in Real Estate
Home Real Estate

When you examine at the rental market across the East End of Long Island, specifically the Hamptons and the North Fork, you can’t help but notice that the 2014 rental season is off to a strong start. This rise in rentals speaks to the overall strength of the market and the recovery of the financial systems. We spoke to professionals on both forks to uncover the trends and the market nuances that make real estate the foremost topic of conversation.

“Each part of our Peconic region has its own wonderful characteristics. Visitors now look at both sides for a great summer getaway,” says Joan Bischoff van Heemskerck, Executive Sales Manager, North Fork and Shelter Island, Town & Country Real Estate. “On the North Fork, better rentals are being taken real fast. Conventional thinking is that a great selling season as we had in 2013 takes many rentals out of the market. Not so in our experience. On the North Fork we traditonally have fewer rentals which are being met with increasing demand because of the farm to table, bucolic lifestyle so many visitors are looking to be part of. South Fork beaches remain a trade-off against North Fork vineyards and farms. T & C is experiencing a hustling and bustling market on both sides.”

Situated on a high point with beautiful views, this gracious home on 2.3 acres offers 6 bedrooms and 7 baths including an attached 2-bedroom carriage house. Listed for a year-round rental with Nancy Grady, Associate Broker, Brown Harris Stevens of the Hamptons, for $195,000. (Courtesy Photo)


Nancy Grady, Associate Broker, Brown Harris Stevens of the Hamptons, says that she’s seeing an “up-tick in pre-season rentals. People are taking May and June and getting a great deal. I even rented my own house for November, December, and January to people who wanted who wanted to spread out over the Holiday Season instead of staying in their apartment. July is also gaining in popularity as opposed to the traditional August.” But when is the best time to rent? Grady explains, “I have always thought that July is the best month and people seem to be discovering that. The days are longer, the weather is better, and everyone is just in a better mood. By August, the crowds and summer burnout set in.”

“More and more, renters want to be close to town, not way out in the woods. Pools and central air conditioning are must-haves. Child-proof pools are important,” Kenneth Meyer, Salesperson, Douglas Elliman says. “Many of our tenants are families. Amagansett Dunes is a number one destination. It is the most affordable ‘walk to the ocean’ location on the South Fork. Montauk has experienced major growth over the last several years.”

Originally built at the turn of century, and once part of the Maidstone Club, this home has been totally modernized and features 4 bedrooms with accompanying 4 bathrooms. Listed for rent by David Zazula, Salesperson, Halstead East Hampton, for he summer season for $395,000. (Courtesy Photo)


David Zazula, Salesperson, Halstead East Hampton, is looking forward to an active rental market this year telling Hamptons.com, “I am receiving calls and emails almost constantly, both from repeat customers and from new customers. So are the owners. I think there will be an increase in the in the longer term or full rental season. Prices are up slightly from last year. Most renters are looking for the usual amenities: central air, heated pool, Wi-Fi, clean, tchotchkes-free, close to town and/or beach, some kind of lawn area, and, if they have children, a child-proof pool is very important.”

“There is virtually no supply of year end rentals under $3,000 a month that are decent,” says veteran real estate agent Martha Gundersen, Associate Broker, Brown Harris Stevens of the Hamptons. “On the high end there are several $200,000 to $400,000 Memorial Day to Labor Day that have been taken. I have a very high rental that has $2 million in décor, art, and furniture. It has been received well. Also, there are many houses that are renewing last year’s leases.”

Built in 2007, this 4 bedroom, 4.5 bath modern home in North Haven is complete with heated gunite pool with spa and tennis court. Listed with Martha Gundersen, Associate Broker, Brown Harris Stevens of the Hamptons, for $200,000 from Memorial Day to Labor Day. (Courtesy Photo)


Shawn Steinmuller, Associate Broker, Nest Seekers International, reported to us a record January in terms of rentals, “Many people renting early and many tenants taking the same house for the season.”

“Landlords and real estate agents tend to prefer Memorial Day to Labor Day rentals, while consumer demand today definitely has a very short-term component – as short as weekends,” says Joan Bischoff van Heemskerck. “Beds & Breakfasts are mostly booked solid. Wedding guests are looking for hyper short-term rentals. In today’s life-style, packing up for the entire summer is for a very few only. Now it is easier to work from your summer residence and the commute is so easy between the North Fork and points west, we see weekenders take full-season rentals and making use of the casual affordability of the North Fork.”

One final thought with respect to children and pools, certificates of occupancy, fair housing laws, and insurance, these are crucial issues about which landlords, tenants, and realtors should seek counsel from appropriate professionals before becoming involved in the rental market.

Magnificent 5 bedroom, 3.5 bath, Post Modern home with pool and a heated hot tub is a short distance to ocean beach and just minutes to the center of East Quogue. Lsite for August with Shawn Steinmuller, Associate Broker, Nest Seekers International, for $25,000. (Courtesy Photo)

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John A. Viteritti

John A. Viteritti

John is a St. John's University graduate, licensed Real Estate Broker, DOS Certified Instructor, and real estate consultant. He previously taught at NYU, LIU, and The Cook Maran Real Estate School, which he helped found.

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Guild Hall Honors Barbara Walters And Blythe Danner At 29th Annual Academy Of The Arts Lifetime Achievement Awards

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  • Bay Street Theater Announces 2022 Main Stage Productions

Bay Street Theater has announced their 2022 Mainstage Season. Assistant Artistic Director, Will Pomerantz expressed the enthusiasm both he and Artistic Director Scott Schwartz have for this season’s shows.

In an exclusive Hamptons.com interview Pomerantz said, “We are all completely excited at Bay Street to be presenting our first full mainstage season in over three years. The summer will be a wonderful mix of comedy, drama and musical theater, with something for everyone!” Read the full article at Hamptons.com (Link in Bio) #hamptons #baystreet
  • Sixty-Something: A Tapestry of Historic Hamlets

The future is always in front and somewhat unknown. We live in the now, but the past is a collection of lessons learned and hopefully preserved to be remembered for pretext and guidance.

The east end is chock full of vibrant history and a wonderful now and, I believe, a promising future. My east end journalistic journey of the last twenty years has awarded me the opportunity to investigate, interview, and get to observe the events, the folks and the ways of life of the east end. I have been able to report from Speonk to Montauk. Read the full article at Hamptons.com (Link in Bio) #hamptons #community #local
  • Water Safety Day in Amagansett

This Saturday, head to the Amagansett Life-Saving and Coast Guard Station from 10am to 1pm for International Water Safety Day and learn about ways to stay safe in the water this summer. Each summer, lifeguards rescue swimmers daily out of the ocean in the Hamptons and many of these rescues can be prevented with a good general knowledge of how the ocean works. Read the full article at Hamptons.com (Link in Bio) #watersafety #hamptons #beach
  • Hope for Depression’s Race of Hope Virtual Event

Hope for Depression will be holding an interactive virtual race this Saturday, May 14th at 8:00 a.m. The event crew has captured all of the excitement and interaction that comes along with race day with their live broadcast. All donations and race registrations will fund depression research. Read the full article at Hamptons.com (Link in Bio) #hamptons #Depression #race #recreation
  • Hamptons Youth Performing Arts Performances

HYPA, The Hampton Youth Performing Arts, is producing a few weekends of performing arts and other related programs at the Southampton Cultural Center (25 Pond Rd, SH.) starting on Saturday May 15. This organization it is for youth ages 11-17 interested in learning and/or working on a performing art form and related activities, such as: comedy, acting , writing , music, dance, singing, photography, fashion, design, graphics, and video production. Read the full article at Hamptons.com (Link in Bio) #hamptons #arts #youth
  • Parrish Art Museum Hosts: “Two Forks and a Cork”

On Saturday, May 14 from 6–8 pm, the Parrish Art Museum Business Council is hosting Two Forks and a Cork—an evening of local wine and spirits tastings, hors d’oeuvres, live music, and gallery exploration in an ideal setting for socializing and networking. The event features a selection of white, rosé, and red wines from premiere East End vineyards, flavored moonshine and vodka from a local craft distillery, plus tastings from local artisanal cheese shops and bakeries, caterers, renowned chefs, and popular restaurants. Read the full article at Hamptons.com (Link in Bio) #hamptons #arts #dining
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