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    OFF-MARKET
    Industrial properties

    46 Shore Rd, Montauk, NY 11954

    0.83 ac lot
    Property ID
    US63-1193437
    Property summary
    AI-generated overview

    This exceptional .83-acre property in Montauk, NY, presents a rare opportunity to acquire a unique blend of commercial/industrial zoning potential and residential living. Located just a two-minute walk from the shoreline at 46 N Shore Rd, this offering includes a charming two-story single-family home and a separate cottage, both fully equipped with utilities. The main residence boasts two bedrooms and one bathroom, offering cozy and versatile living space. Ideal for personal use or renovation, this home provides a comfortable base for exploring the possibilities of this remarkable property. The adjacent cottage, with its one bedroom and one bathroom, offers additional accommodation or potential rental income. The expansive .83-acre lot provides ample space for development, allowing for the creation of a thriving commercial venture or the expansion of the existing residential structures. This prime Montauk location offers unparalleled access to the stunning coastline and the vibrant community. The property's unique combination of residential comfort and commercial potential makes it an exceptional investment opportunity for those seeking a coastal sanctuary with significant upside. The existing structures provide immediate income potential or comfortable living while the zoning allows for a variety of future development options. Don't miss this chance to own a piece of Montauk's captivating waterfront. Priced at $2,750,000.

    Property profile
    Verified
    Property type Industrial properties
    Lot 0.83 ac (36,155 SF)
    UPID US63-1193437
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • T Paul Darenberg Inc DGN Electrical Service General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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