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    45 Euclid Ave Montauk, NY 11954

    Sponsored
    For Sale
    $2,999,500

    Prime Montauk location, 3,000 SF, three floors.

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property at 45 South Euclid Ave, Montauk, NY, presents a unique investment opportunity. The newly constructed building, situated on a 0.1-acre lot in a vibrant downtown area, offers approximately 3,000 square feet of versatile space across three fully finished levels. Zoned for Central Business use, the main level features a stunning great room with an open kitchen equipped with high-end Miele and Wolf appliances and Carrera marble countertops. A powder room with Lefroy Brooks fixtures and a private bonus area complete this level, which also includes sliding glass doors leading to a private deck overlooking Fort Pond. The upper level boasts two bedrooms, two bathrooms (also featuring Lefroy Brooks fixtures), and a private balcony, along with an open commercial-use area ideal for living, retail, or office space. A full-height loft provides ample storage. The fully finished lower level includes two egresses, a half bathroom, laundry room, and a storage/mechanical room. High-end finishes throughout include five HVAC zones, radiant heated wood floors, and top-grade appliances and fixtures. Seven designated parking spaces are provided, and the property is beautifully landscaped. This turnkey property is ready for immediate occupancy, offering an excellent opportunity to establish a business with integrated housing in the heart of Montauk. The property's APN is 472489 472406 049000 0003 016000 0000. Asking price is $2,999,500.

    Property Features for 45 Euclid Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,000 SF
    Lot Size
    4,356 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -71.9455152
    Latitude
    41.0351537

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Montauk location, 3,000 SF, three floors.
    Where is this mixed-use property located?
    The property is located at 45 Euclid Ave Montauk, NY.
    What is the asking price?
    The asking price for this property is $2,999,500.
    Request Owner's contact information
    45 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
    45 Euclid Ave Montauk, NY 11954
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