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Property summary
This exceptional Montauk property offers a rare opportunity to acquire a 0.54-acre oceanfront retail space zoned RS. The two-story building features 26 hotel keys, most with unobstructed ocean views, plus three flexible rooms, staff quarters, and ample storage. An oceanfront pool and lounge area provide an exclusive setting for guests. Located in the heart of downtown Montauk, this property benefits from its proximity to beaches, restaurants, boutiques, and nightlife, catering to both locals and visitors. The existing structure presents significant renovation potential, allowing a buyer to create a fresh vision while preserving Montauk's understated elegance. This prime location, along a stretch known for its exclusivity and breathtaking natural surroundings, is easily accessible by land or sea, making it an ideal destination for discerning clientele. The high demand for overnight stays in Montauk, coupled with the property's central location and sweeping ocean views, makes this a unique investment opportunity in a highly sought-after market. The property's address is 84 S Emerson Ave, Montauk, NY 11954, with Suffolk County APN 0300-050.00-01.00-027.001. Price upon request.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Resort
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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