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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 Drive, 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 6
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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: Aug 31, 2020
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Montauk, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    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 Street, Stonington, CT 06378
    View details
    Mixed-Use Property in Downtown
    $2,450,000
    17,378 SF

    Mixed-Use Property in Downtown

    Mixed-use property with commercial units and apartments in downtown New London.

    153 Bank St, New London, CT 6320
    View details
    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 Street, Stonington, CT 6378
    View details
    New London Commercial Building For Sale
    $4,699,000
    26,727 SF

    New London Commercial Building For Sale

    26,727 SF commercial building near Yale New Haven Hospital.

    89 Viets Street, New London, CT 6320
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    0.10 Acres

    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226
    View details
    Wilkes Barre Land Opportunity
    $130,000
    0.43 Acres

    Wilkes Barre Land Opportunity

    Land available for multi-unit development near university and transportation.

    320 N Main Street, Wilkes Barre, PA 18702
    View details
    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details
    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres

    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215
    View details

    Montauk, NY Apartment Buildings Investment Opportunities Market Analysis

    Explore 2 apartment buildings for sale in Montauk, NY on our real estate platform. These investment opportunities span a total of 3,360 square feet of properties for sale, with an estimated market value of $8,000,000.

    Sale prices for two-family homes in Montauk, NY start at $8,000,000, averaging $8,000,000, and reaching up to $8,000,000 — 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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    Montauk Demographics Overview

    Population 4,073
    Population Growth (5Y) +11.4%
    Median Household Income $129,375
    College Educated 67.5%

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