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    21 S Euclid Ave Montauk, NY 11954

    For Sale
    $8,000,000

    Multi-Unit (5+), Hotel - Montauk, NY

    Property size:
    3,360 SF
    Lot size:
    0.43 Acres
    Days on Market:
    8
    Last Refresh:
    Dec 11 at 8:06 am

    Property Features for 21 S Euclid Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    600
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    8
    APN
    0300-049.000-0003-039.001/000
    Parking features
    Garage
    Exterior features
    Pool Building, Garden
    Size
    3,360 SF
    Lot size
    0.43 Acres

    Utilities

    Heating system
    Oil

    Building Details

    Year built
    1964
    Year renovated
    1964
    Floors in Building
    2
    Flooring type
    Laminate, Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other

    Martha Greene Real Estate LLC

    Listing agent John D'Agostino

    Listing date Dec 4, 2025

    MLS# 11107746 Listing URL

    Copyright © 2025 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.

    Overview

    Montauk Multifamily Investment Opportunity

    This Montauk multifamily dwelling, updated for 2021, retains its pre-existing non-conforming grandfathered use. It offers seven one-bedroom, one-bath efficiency accommodations and one two-bedroom, one-bath efficiency accommodation, totaling nine bedrooms and eight bathrooms within eight renovated and updated multifamily units. The property is turn-key with ongoing year-round and seasonal occupancies. Situated on a 0.43-acre parcel, it features an in-ground gunite pool and is located in the heart of Montauk village, moments from ocean beaches, restaurants, shopping, and transportation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gary Lynn Apartments Apartment Building

    Suggested Use

    Realty agency Law Firm Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montauk
    County
    Suffolk
    State
    New York
    Longitude
    -71.946678
    Latitude
    41.034463

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    FAQs

    What type of property is this?
    Apartment building - Updated multifamily property in Montauk village near beaches and amenities.
    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: - 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.
    Request Owner's contact information
    21 S Euclid Ave Montauk, NY 11954
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    Montauk, NY 11954
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21 S Euclid Ave Montauk, NY 11954
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