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540 West Lake Drive

Montauk, NY 11954
  • $15,000,000
  • STATUS: Active
  • ON SITE: 125 Days
  • MLS #: 3377410
$15,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

This property offers a unique opportunity to own a longstanding Montauk Harbor Hotel that has 3 buildings with 29 turnkey rooms with baths. In addition there are 4 vacant beachfront lots totaling .54 acres for guest usage to enjoy the daily sunsets or swim in Block Island Sound. Also included is a vacant .46 acre Resort zoned lot, and a 1.17 acre vacant lot that is zoned Central Business. Eight properties in total. There is plenty of open space for your guests with ample parking and lots of outdoor activities to be had around the backyard fire pits, barbeque areas with majestic sunsets just across the street.

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© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Michael DeBiase Premium Properties Team | MAPP TEAM. Data last updated: 2022-06-25T00:17:42.63.
www.mappmyhome.com/homes/125985710
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540 West Lake Drive Montauk, NY 11954

  • Price: $15,000,000
  • Status: Active
  • On Site: 125 Days
  • MLS #: 3377410
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
East Hampton
County:
Suffolk
Area:
East Hampton
Property Description
This property offers a unique opportunity to own a longstanding Montauk Harbor Hotel that has 3 buildings with 29 turnkey rooms with baths. In addition there are 4 vacant beachfront lots totaling .54 acres for guest usage to enjoy the daily sunsets or swim in Block Island Sound. Also included is a vacant .46 acre Resort zoned lot, and a 1.17 acre vacant lot that is zoned Central Business. Eight properties in total. There is plenty of open space for your guests with ample parking and lots of outdoor activities to be had around the backyard fire pits, barbeque areas with majestic sunsets just across the street.
Property Features

Business Type Hotel/Motel Cross Street Soundview Drive Net Operating Income 351774.00 Property Sub Type Mixed Use

Listing courtesy of Lisa Grenci of Douglas Elliman Real Estate.
© 2022 OneKey MLS. All rights reserved.


© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Michael DeBiase Premium Properties Team | MAPP TEAM. Data last updated: 2022-06-25T00:17:42.63.
 
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