76 South Elmwood Avenue, Montauk, NY 11954

$4,195,000
Active for Sale
 
Listing ID 11632289
Property Type Commercial Building
County Suffolk
Township East Hampton
Total Tax $8,408
Tax ID 0300-049.000-006-007.000
FEMA Flood Map fema.gov/portal
Year Built 1963
Virtual Tour
An exceptional opportunity to own a versatile mixed-use property in the heart of Montauk, just 200 steps from the ocean with breathtaking sunrise and sunset views. Situated on 0.19 acres, this 2,723 SF, two-story building offers the rare combination of commercial potential and modern residential living - ideal for investors, entrepreneurs, or end-users seeking both lifestyle and income in one of the East End's most coveted locations. Originally built in 1963, the property underwent a comprehensive renovation in 2023, blending updated finishes with solid construction. A newly constructed apartment, completed in 2024, adds significant value and flexibility - perfect for owner occupancy, staff housing, or strong rental income potential. The property features three full baths and thoughtfully designed space across two levels, allowing for a variety of commercial uses while maintaining comfortable, contemporary residential accommodations. With the Atlantic Ocean just steps away and Montauk's vibrant shops, restaurants, and beaches nearby, this property offers the ultimate live/work coastal experience. Opportunities that combine location, flexibility, recent renovations, and ocean proximity are increasingly rare. Whether you envision retail, office, gallery, hospitality, or a dynamic live/work concept, this property delivers exceptional potential in one of Montauk's most sought-after settings.
Property Details
  • 3 Full Baths
  • 2723 SF (AG)
  • 2723 SF (Total)
  • 0.19 Acres
  • Built in 1963
  • 2 Stories
Interior Features
  • Hardwood Flooring
  • Forced Air
  • Propane Fuel
  • Central A/C
Exterior Features
  • Modular Construction
  • Cedar Clapboard Siding
  • Rubber Roof
  • Municipal Water
  • Private Septic
  • Deck
  • Patio
  • Street View
  • Ocean View
  • Wooded View
  • Scenic View
  • Near Bus
  • Near Train
Commercial Info
  • % Cap. Rate
Taxes and Fees
  • $8,408 Total Tax
Listed By
Corcoran Group (Montauk)
Office: 631-668-3500
Mobile: 914-844-1429
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