Montauk, NY Multifamily properties for sale

Updated: Nov 14, 2025

Resort Co-Op Studio

707 Old Montauk Highway, Montauk, NY 11954

$610,000

450 sqft

First‑floor co‑op studio with open living space, kitchen, and fireplace
Air‑conditioning plus a private covered oceanview mahogany deck and front entry porch
Direct ground access with dedicated parking and guest parking, plus outdoor shower
On‑site heated pool and basement storage, with owner laundry on site
2.6‑acre landscaped property with private ocean beach access and Hither Hills overlook nearby

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Updated: Aug 31, 2020

Turn-Key Multifamily Building with Pool

21 S Euclid Ave., Montauk, NY 11954

$8,000,000

3,360 sqft 0.43 AC lot

8 renovated and updated multifamily units totaling 9 bedrooms and 8 bathrooms
Unit mix includes 7 one‑bedroom, 1‑bath efficiency accommodations and 1 two‑bedroom, 1‑bath efficiency accommodation
Updated for 2021 with vinyl siding, asphalt roof, and vinyl and laminate flooring
Oil heating; public water supply with septic tank sewer system
Inground gunite pool on a 0.46‑acre parcel, plus a deck and fenced yard

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Montauk Multifamily Property for Sale

161 Monroe Dr, Montauk, NY 11954

$2,895,000

0.23 AC lot

Multifamily property available in Montauk, New York.

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Oceanfront Studio in Montauk

126 South Emerson Ave Unit 88, Montauk, NY 11954

$475,000

Charming oceanfront studio with rental potential in Montauk, NY.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Montauk, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Well-Maintained Four-Unit Residential Income

19 Pearl Street, Groton, CT 06340

$1,495,000

3,791 sqft

Four well-maintained units with private parking and covered porches, including legally approved Airbnb configurations.

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Unique Mobile Home Park Unit

337 Three Mile Harbor Rd, East Hampton, NY 11937

$425,000

1.20 AC lot

Mobile home in East Hampton near marina and nature trails.

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Historic Mystic Four-Family Home

19 Pearl St, Groton, CT 06355

$1,595,000

Well-maintained four-family home in downtown Mystic with income potential.

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East Hampton Multifamily Property

514 Montauk Hwy, East Hampton, NY 11937

$999,999

Multifamily property for sale in East Hampton, New York.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Two-Family Home with Detached Garage

39 Halsey Avenue, Southampton, NY 11968

$2,300,000

0.33 AC lot

Vacant two-family residence on a 0.33-acre lot with a detached two-bay car garage and long driveway.

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Expansive Land Parcel in Holmes

545 Grape Hollow Road, Holmes, NY 12531

$750,000

2,480 sqft 75.32 AC lot

75+ acre land parcel with garage near I-84.

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Flatbush Development Property For Sale

14 E 32nd Street lot: 13, Brooklyn, NY 11226

$1,249,000

1,407 sqft 0.09 AC lot

40 x 100 lot with R6, C1-2 zoning.

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Detached Two-Family Residence

69 Martense Street, Brooklyn, NY 11226

$1,888,888

0.10 AC lot

Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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Montauk, NY Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Montauk, NY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 3,810 square feet of properties for sale, with an estimated market value of $8,610,000.

Sale prices for multifamily properties in Montauk, NY start at $610,000, averaging $4,305,000, and reaching up to $8,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
11954	$4.4M

Neighborhood

Average Price

11954

$4.4M