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8-Unit 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 Market2181

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 5, Bathroom 7, Bathroom 4, Bathroom 3, Bathroom 6, Bathroom 1, Bathroom 2, Bathroom 8
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 Vinyl, Laminate
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: Aug 20 Last Checked: Aug 20 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 8-unit apartment building includes 8 renovated and updated multifamily units featuring 7 one-bedroom, 1-bath efficiency accommodations and 1 two-bedroom, 1-bath efficiency accommodation, for a total of 9 bedrooms and 8 bathrooms. The property was updated for 2021 while retaining a pre-existing non-conforming grandfathered use, and it is described as turn-key for ongoing year-round and seasonal occupancies. Built in 1964, the building has vinyl siding and an asphalt roof, with vinyl and laminate flooring throughout. Heating is oil, and exterior amenities include a deck and a fenced setting with an inground gunite pool.

The property sits on a 0.43-acre parcel at 21 S Euclid Ave., in the heart of Montauk village, just moments to ocean beaches, restaurants, shopping, and transportation.

Utilities include public water service with a septic tank for sewer. The site is presented as 3,360 SF total building size.

Key Highlights

  • 8 renovated and updated multifamily units with 7 one‑bedroom 1‑bath efficiencies and 1 two‑bedroom 1‑bath efficiency
  • Total layout includes 9 bedrooms and 8 bathrooms
  • Updated for 2021 while retaining pre‑existing non‑conforming grandfathered use

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 - 8 renovated and updated multifamily units with an inground gunite pool, deck, and fenced yard for year-round and seasonal occupancy.
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 and updated multifamily units with 7 one‑bedroom 1‑bath efficiencies and 1 two‑bedroom 1‑bath efficiency; Total layout includes 9 bedrooms and 8 bathrooms; Updated for 2021 while retaining pre‑existing non‑conforming grandfathered use
More about this property
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