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Eight-Unit Multifamily Property
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 Market2254

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 4, Bathroom 6, Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 5, Bathroom 7, 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 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: Nov 1 Last Checked: Nov 1 at 3:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This 3,360-square-foot multifamily property contains eight renovated units: seven one-bedroom, one-bathroom layouts and one two-bedroom, one-bathroom layout. Together, the units provide nine bedrooms and eight bathrooms. The 1964-built property includes an in-ground gunite pool, a deck, and fencing. Vinyl siding, vinyl and laminate flooring, and oil heating are also present. Public water and a septic tank serve the property.

The property is in Montauk village, with ocean beaches, restaurants, shopping, and transportation described as nearby. Both year-round and seasonal occupancy are in place. The property retains a grandfathered, pre-existing nonconforming multifamily use.

Key Highlights

  • Eight renovated multifamily units totaling 3,360 square feet
  • Unit mix: seven one‑bedroom, one‑bathroom units and one two‑bedroom, one‑bathroom unit
  • Nine bedrooms and eight bathrooms overall

Property Analytics

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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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The renovated accommodations include a mix of one- and two-bedroom layouts, plus an in-ground pool.
Where is this multifamily property 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: Eight renovated multifamily units totaling 3,360 square feet; Unit mix: seven one‑bedroom, one‑bathroom units and one two‑bedroom, one‑bathroom unit; Nine bedrooms and eight bathrooms overall
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