Property profile

46 Shore Rd Montauk, NY 11954

OFF-MARKET
Industrial properties
Property ID
US63-1193437
0.83 ac lot
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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

Current use

Occupant on record · Public records
  • Electrical Service General Contractor

Location

46 Shore Rd Montauk, NY 11954
Montauk metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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