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Renovated Apartment Building with Pool
For Sale
$8,000,000

21 S Euclid Ave., Montauk, NY 11954

Business Opportunity, Montauk, NY

Property Size3,360 SF
Lot Size0.43 Acres
Price / SF$2,380
Days on Market2200

Property Features for 21 S Euclid Ave.

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Multi-Family
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 8, Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 6, Bathroom 7, Bathroom 4
Patio and Porch features Deck
Fencing Fenced
High school district 000000
Standard status Active
APN 0300-049.000-0003-039.001/000
Size 3,360 SF
Lot size 0.43 Acres

Taxes and HOA fees

Tax Annual Amount 11391

Utilities

Sewer type Septic Tank
Heating system Oil
Water source Public

Amenities

inground gunite pool

Building Details

Year built 1964
Floors in Building 2
Flooring type Laminate, Vinyl
Building materials Vinyl Siding
Roof type Asphalt
Architectural style Other
Listing Agency: Martha Greene Real Estate LLC
Listed By: John D'agostino
Added: Aug 31, 2020 Changed: Sep 6 Last Checked: Sep 8 at 2:06PM
MLS# 11107746

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment building contains 8 renovated multifamily units totaling 3,360 square feet. The configuration includes 7 one-bedroom, one-bath efficiency accommodations and 1 two-bedroom, one-bath efficiency accommodation, providing 9 bedrooms and 8 bathrooms overall. The property retains a pre-existing non-conforming grandfathered use and was updated for 2021. Building features include vinyl siding, laminate and vinyl flooring, oil heat, an asphalt roof, and a deck. An inground gunite pool serves the fenced property.

The 0.43-acre parcel is located at 21 S Euclid Ave. in Montauk, NY 11954. Public water and a septic tank serve the property. The setting is in Montauk village near ocean beaches, restaurants, shopping, and transportation. The property has supported both year-round and seasonal occupancy.

Key Highlights

  • 8 renovated multifamily units totaling 3,360 square feet
  • Unit mix includes 7 one‑bedroom and 1 two‑bedroom efficiency accommodations
  • 9 bedrooms and 8 bathrooms across the property

Property Analytics

Current Use

Gary Lynn Apartments Apartment Building

Suggested Use

Top Pick HVAC Service Electrical Service Auto Repair Shop Carpet & Flooring Store Veterinary Clinic Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

470
Businesses Nearby

Demographics for 11954, NY

4,318
Population
4,565
Households
0.9
Avg Household Size
50
Median Age
49%
College-Educated
96%
High-School Grad
18.5 sq mi
ZIP Area
233
Density / Sq Mi
$129,375
Median Household Income
$59,583
Median Earnings
$2,061
Median Rent
$1,186,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight updated multifamily units with an inground gunite pool, deck, fencing, and year-round and seasonal occupancy history.
Where is this apartment building located?
The property is located at 21 S Euclid Ave. Montauk, NY.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: 8 renovated multifamily units totaling 3,360 square feet; Unit mix includes 7 one‑bedroom and 1 two‑bedroom efficiency accommodations; 9 bedrooms and 8 bathrooms across the property
More about this property
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