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    Montauk, NY Multifamily Properties for Sale

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    East Hampton, NY Amagansett, NY Wainscott, NY
    Waterfront Multi-Unit Property with Expansion Potential
    $11,500,000
    1.19 Acres

    Waterfront Multi-Unit Property with Expansion Potential

    131 E Lake Drive, Montauk, NY 11954

    1.19-acre Montauk waterfront property with 13 units and expansion potential.

    • Waterfront property with ~107 feet of direct lake frontage, sandy beach, and private kayak launch.
    • 13 total units across four buildings, providing immediate income potential.
    • 1.19‑acre property with potential expansion and redevelopment opportunities.
    • Prime Montauk location near Montauk Lake Club, marinas, restaurants, and other high‑value properties.
    • Western exposure offering exceptional sunset views.
    Updated: Jan 6
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    Montauk Manor Condotel with Terrace
    $799,000
    745 SF

    Montauk Manor Condotel with Terrace

    236 Edgemere Street, Montauk, NY 11954

    One-bedroom duplex with water views and rental income potential.

    • Enjoy spectacular sunsets from your private 580 sq. ft. brick & stone terrace with water views.
    • Furnished 785 sq. ft. one‑bedroom duplex with vaulted ceilings and palladium windows.
    • Proven rental history generates income to offset maintenance costs.
    • Access to Montauk Manor amenities including indoor pool, outdoor heated pool, tennis courts, pickleball, Grand Lobby, and Monte's Italian restaurant.
    • Shuttle service provides convenient transportation throughout Montauk.
    Updated: Jun 13, 2025
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    Montauk Manor Corner Suite
    $375,000
    626 SF

    Montauk Manor Corner Suite

    Corner one-bedroom suite with resort amenities and ocean views.

    236 Edgemere Street, Montauk, NY 11954
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    Montauk Multifamily Investment Opportunity
    $8,000,000
    3,360 SF

    Montauk Multifamily Investment Opportunity

    Updated multifamily property in Montauk village near beaches and amenities.

    21 S. Euclid Ave., Montauk, NY 11954
    View details
    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.

    Historic Mixed-Use Stonington Property
    $4,250,000
    12,145 SF

    Historic Mixed-Use Stonington Property

    Eleven-unit mixed-use property in Stonington Borough's commercial Village District.

    117 Water Street, Stonington, CT 06378
    View details
    Sag Harbor Multi-Unit Property
    $1,995,000
    1,577 SF

    Sag Harbor Multi-Unit Property

    Well-maintained multi-unit property in Sag Harbor, NY.

    57 JERMAIN AVE, Sag Harbor, NY 11963
    View details
    Historic Mixed-Use Stonington Property
    $4,495,000
    12,145 SF

    Historic Mixed-Use Stonington Property

    Eleven-unit mixed-use property in Stonington Borough's commercial Village District.

    117 Water Street, Stonington, CT 6378
    View details
    Sag Harbor Mixed-Use Buildings Assemblage
    $13,750,000
    9,032 SF

    Sag Harbor Mixed-Use Buildings Assemblage

    Two mixed-use buildings with retail and residential units in Sag Harbor.

    3 Madison Street, Sag Harbor, NY 11963
    View details

    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.

    Southampton Village Multifamily Opportunity
    $2,300,000
    0.33 Acres

    Southampton Village Multifamily Opportunity

    Two-family home in the heart of Southampton Village.

    39 Halsey Avenue, Southampton, NY 11968
    View details
    Expansive Land Parcel in Holmes
    $750,000
    2,480 SF

    Expansive Land Parcel in Holmes

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

    545 Grape Hollow Road, Holmes, NY 12531
    View details
    Two-Family Home with Additional Lot
    $899,999
    3,216 SF

    Two-Family Home with Additional Lot

    Spacious two-family home with vacant lot in Dorchester.

    68, 70-72 Clarkson St, Boston, MA 02125
    View details
    Flatbush Development Property For Sale
    $1,249,000
    1,407 SF

    Flatbush Development Property For Sale

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

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

    Montauk, NY Multifamily Properties Investment Opportunities Market Analysis

    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 4,731 square feet of properties for sale, with an estimated market value of $9,174,000.

    Sale prices for multifamily properties in Montauk, NY start at $375,000, averaging $3,058,000, 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.

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    Top Commercial Asset Segments

    Apartment buildings 3
    Short term rental properties 2

    Demographics Overview

    Population 4,073
    Population Growth (5Y) +11.4%
    Median Household Income $129,375
    College Educated 67.5%

    High-Yield Neighborhoods for Investment

    Identify Montauk submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    11954 $5.2M

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