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Property profile & analytics

685 Old Montauk Hwy Montauk, NY 11954-5000

  • Turn key restaurants
  • 0.37 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-0399092
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Surfside Inn / Hotel & Motel

Property Details for 685 Old Montauk Hwy

Lot size
0.37 lot acres
Property type
Turn key restaurants
APN
0300-071.00-02.00-007.000
APU
300071000200007000

Description

This exceptional Montauk property, situated on 0.42 acres of land at 685 Old Montauk Highway, presents a rare investment opportunity. The established business includes a thriving restaurant, bar, and an 11-room inn, all enjoying stunning ocean views. The restaurant boasts a spacious main dining area, a comfortable lounge, a full bar, and an inviting outdoor dining deck with covered porches, providing picturesque views throughout the day. Its popularity with both locals and tourists ensures consistent all-season appeal. The inn, located on the second and third floors, offers 11 rooms with breathtaking ocean vistas. Convenient access to the beach and downtown Montauk adds to its desirability. The property also includes a detached garage and ample front and rear parking. The existing hotel suites benefit from a grandfathered use, making this a truly unique and irreplaceable establishment. The property offers potential for reconfiguration and optimization of the inn's rooms to further enhance its profitability. This turnkey operation is a remarkable opportunity to acquire a well-established and highly sought-after destination in the heart of Montauk.


Value Estimations

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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Montauk
County
Suffolk
State
New York
Longitude
-71.9631
Latitude
41.0271
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$0.00
$800
$8,850
$9,650
-
$2,162
$23,919
$26,081
More about this property
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