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Retail and Apartment Mixed-Use Building
For Sale
$3,200,000

6 S ELMWOOD AVE, Montauk, NY 11954

Two ground-floor retail units are paired with residential apartments in Montauk Village.

Property SizeContact for details
Days on Market46

Property Features for 6 S ELMWOOD AVE

General Information

Standard status Active
Property subtype Commercial

Additional Details

Mixed-Use Components retail, residential
Multifamily Units 2

Building Details

Year Built 1984
Listing Agency: Gosen properties
Listed By: Emmanuel Victor
Source: Gosenproperties
Added: Sep 14 Changed: Oct 28 Last Checked: Oct 28 at 3:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gosen properties

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Investment Insights

Based on property information with market context.

Built in 1984, this mixed-use property combines two retail spaces, each with a full basement, and two apartments measuring 1,000 square feet apiece. The configuration brings commercial and residential space together in one building.

The property is located in Montauk Village at 6 S Elmwood Ave and has an ocean view from the rear.

Key Highlights

  • Two retail spaces, each with a full basement
  • Two apartments, each measuring 1,000 square feet
  • Rear ocean view

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Concern Citizens of Montauk Association / Organization East Hampton Physical ... Physician eh physical therapy Physician

Suggested Use

Top Pick HVAC Service Electrical Service Parking Lot & Garage Auto Repair Shop Carpet & Flooring Store 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

464
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 70% Groceries 30%
7-Eleven Shops & Services
8,989 visits/mo 0.2 miles
Montauk IGA Groceries
6,499 visits/mo 0.2 miles
Chase Bank Shops & Services
2,688 visits/mo 0.1 miles
Mobil Shops & Services
2,055 visits/mo 0.1 miles
M&T Bank Shops & Services
1,353 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two ground-floor retail units are paired with residential apartments in Montauk Village.
Where is this mixed-use property located?
The property is located at 6 S ELMWOOD AVE Montauk, NY.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Two retail spaces, each with a full basement; Two apartments, each measuring 1,000 square feet; Rear ocean view
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