45 South Euclid Ave Montauk, NY 11954
- Investment properties
- 0.09 lot acres
Current Use by Public Records
- Investment properties
Property Details for 45 South Euclid Ave
- Lot size
- 0.09 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 0300-049.00-03.00-016.000
- APU
- 300049000300016000
Description
This stunning, newly constructed 3,000 square foot executive office building is situated at 45 South Euclid Ave in Montauk, a prime location surrounded by vibrant shops, bars, and restaurants. The property, zoned for Central Business use, offers three fully finished levels providing versatile space ideal for a variety of commercial uses. The main level features a spacious great room with an open kitchen boasting Miele and Wolf appliances, Carrera marble countertops, and a large center island. This area is adaptable for retail, office, or residential purposes. Upstairs, you'll find two bedrooms, two bathrooms equipped with Lefroy Brooks fixtures, and a private balcony. Additional features include open office space, a powder room, and access to a full-height loft offering ample storage. The fully finished lower level includes two egresses for abundant natural light, a half bathroom, laundry room, and a storage/mechanical room. Built with premium materials, the building boasts five HVAC zones, radiant heated wood floors, and high-grade appliances and fixtures throughout. The 0.1-acre lot provides a convenient and attractive setting for this exceptional commercial property in Suffolk County. This single-tenant building presents a unique opportunity for a discerning business seeking a sophisticated and functional workspace in a highly desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $995,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $830,000
- 6.5%
- $990,000
- 7%
- $900,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $935,000
- Geo Method
- $1,000,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $940,000
- Retail
- $990,000
- Mixed-Use
- $860,000
- Hospitality
- $1,045,000
- Educational
- $1,095,000
- Residential Income
- $850,000
- Energy
- $865,000
- Income-Based Land
- $1,060,000
- Food Service
- $925,000
Location Insight
- Map
- Local Demand
- City
- Montauk
- County
- Suffolk
- State
- New York
- Longitude
- -71.9455
- Latitude
- 41.0353
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA