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    411 West Lake Dr Montauk, NY 11954

    For Sale
    $5,250,000

    Multi-Unit, Hotel - Montauk, NY

    Property size:
    6,240 SF
    Lot size:
    0.42 Acres
    Days on Market:
    125
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 411 West Lake Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen
    Bedrooms
    17
    Bathrooms
    17
    APN
    0300-011.000-05-024.0000
    Parking features
    Garage
    Basement Y/N
    1
    Appliances
    Microwave, Refrigerator
    Size
    6,240 SF
    Lot size
    0.42 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1967
    Year renovated
    1967
    Floors in Building
    2
    Flooring type
    Hardwood, Vinyl
    Building materials
    Wood Siding
    Roof type
    Asphalt, Rubber
    Architectural style
    Other

    Martha Greene Real Estate LLC

    Listing agent John D'Agostino

    Listing date Aug 3, 2025

    MLS# 11188375 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 Motel Property For Sale

    This multi-dwelling motel property features 8 one-bedroom efficiency units and 9 studio efficiency units. The property is situated on a 0.42-acre parcel and totals 6,240 square feet. All units are in turn-key condition. The location is moments from Montauk Harbor, marinas, shops, and restaurants, in Montauk, NY.
    Location Intelligence

    Current Use by Public Records

    West Lake Inn ... Indoor Lodging

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Gym & Fitness Clothing Store Department Store Food Market

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

    Similar Places Nearby

    Montauk Yacht Club, Montauk Harborside Resort Motel, The Cabana Spa at Montauk Yacht Club, Montauk Management Inc, North Harbor Condos

    Location Insight

    • Map
    • Local Demand
    City
    Montauk
    County
    Suffolk
    State
    New York
    Longitude
    -71.940906
    Latitude
    41.070184

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    FAQs

    What type of property is this?
    Motel - Multi-unit motel property in Montauk, NY, near harbor.
    Where is this motel located?
    The property is located at 411 West Lake Dr Montauk, NY.
    What is the asking price?
    The asking price for this property is $5,250,000.
    What are key features of this property?
    This property features: - Turn-key condition of all 17 units (8 one-bedroom, 9 studio efficiencies); - Prime location: moments from Montauk Harbor, marinas, shops, and restaurants; - Multi-dwelling motel property on a .41 acre parcel
    Request Owner's contact information
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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
    411 West Lake Dr Montauk, NY 11954
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