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Montauk, NY Apartment Buildings for Sale

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Waterfront Multi-Unit Property with Expansion Potential
$11,500,000
1.19 Acres

Waterfront Multi-Unit Property with Expansion Potential

131 E Lake Dr, Montauk, NY 11954

1.19-acre Montauk waterfront property with 13 units and expansion potential.

  • Waterfront property with ~107 feet of direct lake frontage, sandy beach, and private kayak launch.
  • 13 total units across four buildings, providing immediate income potential.
  • 1.19‑acre property with potential expansion and redevelopment opportunities.
  • Prime Montauk location near Montauk Lake Club, marinas, restaurants, and other high‑value properties.
  • Western exposure offering exceptional sunset views.
Updated: Jan 8
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Montauk Multifamily Investment Opportunity
$8,000,000
3,360 SF

Montauk Multifamily Investment Opportunity

21 S Euclid Ave, Montauk, NY 11954

Updated multifamily property in Montauk village near beaches and amenities.

  • Turn‑key multifamily dwelling featuring 8 renovated/updated units (7 one‑bedroom, 1 two‑bedroom).
  • Pre‑existing non‑conforming grandfathered use.
  • Located in the heart of Montauk village, close to ocean beaches, restaurants, shopping, and transportation.
  • Enjoy the inground gunite pool.
  • Ongoing year‑round and seasonal occupancy potential.
Updated: Dec 4, 2025
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Montauk Multi-Family Commercial/Residential Property
$2,999,000
3,572 SF

Montauk Multi-Family Commercial/Residential Property

Unique Montauk property with cottages, main house, and accessory structures.

18 North Shore Rd, Montauk, NY 11954
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Montauk, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Mixed-Use Stonington Property
$4,495,000
12,145 SF

Historic Mixed-Use Stonington Property

Eleven-unit mixed-use property in Stonington Borough's commercial Village District.

117 Water St, Stonington, CT 06378
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Historic Mixed-Use Property in Stonington
$4,495,000
12,145 SF

Historic Mixed-Use Property in Stonington

Eleven-unit mixed-use property in Stonington Borough's commercial Village District.

117 Water St, Stonington, CT 06378
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New London Commercial Building Conversion
$4,699,000

New London Commercial Building Conversion

26,727 SF building near Yale New Haven Hospital.

89 Viets St, New London, CT 06320
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New London Commercial Building Conversion
$4,699,000

New London Commercial Building Conversion

26,727 SF building near Yale New Haven Hospital.

89 Viets St, New London, CT 06320
View details

Montauk, NY Apartment Buildings Investment Opportunities Market Analysis

Explore 3 apartment buildings for sale in Montauk, NY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 113,692 square feet of properties for sale, with an estimated market value of $22,499,000.

Sale prices for two-family homes in Montauk, NY start at $2,999,000, averaging $7,499,666, and reaching up to $11,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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