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Oceanfront Montauk Hotel 84 S Emerson Ave

29 Room Hotel Montauk, NY 11954 For Sale

Investment Highlights

  • Prime Oceanfront Parcel
  • Beachfront Pool
  • 26 Hotel Keys & 3 Flex Rooms
  • In Montauk's Downtown Core

Executive Summary

Rare Oceanfront Hospitality Opportunity in Montauk, New York
A Timeless Montauk Treasure – Spanning along prized ocean beaches in the heart of downtown Montauk, this once-in-a-generation hotel presents a rare chance to own an irreplaceable piece of the Hamptons’ coastal legacy. The location strikes a delicate balance between amenitized beach living and the “global surf destination” energy of Montauk’s natural offerings, restaurants, boutiques, and nightlife, making it an exceptional destination for both locals and visitors.
Untapped Potential With Room To Reimagine – Set on .54 acres, the two-story structure includes 26 hotel keys, most of which offering unobstructed ocean views and a seamless connection to the natural beauty that defines Montauk. Three additional “flex” rooms, staff quarters, ample dry storage space, & a reception / office. With possibilities for renovation, the property invites a discerning buyer to bring a fresh take, while preserving the understated elegance that defines Montauk.
Experience Montauk’s Hospitality Character – The oceanfront pool and lounge area provide an exclusive setting where guests can unwind and take in the sweeping Atlantic vistas. Whether enhancing the existing layout or transforming the property to a new vision, the potential for growth is unmatched. This hotel offers a retreat that feels both historic and timeless.
Prime Zoning For An Oceanfront Gem – Zoned RS, this property’s location is among the most desirable in Montauk, creating a rare opportunity to own a hotel along a stretch known for its exclusivity and breathtaking natural surroundings. Whether arriving by private vessel to one of the many marinas in Montauk or by air at nearby aviation facilities, this property is perfectly positioned to cater to those who value seamless connections between relaxation and adventure.
As the demand for overnight stays continues to soar in Montauk, this property’s central location and sweeping ocean views make it a unique offering in a market defined by its exclusivity. The chance to acquire such a highly coveted piece of Montauk’s hospitality scene is truly once-in-a-lifetime.
Surrounding Neighbors:
Montauk Blue Hotel, IGA Montauk, Aqualina Inn, Ocean Resort Inn, Anthony’s Pancake House,
MTK Lobster House, Pizza Village, John's Drive-In, The Montauk Beach House, Marram
Price Upon Request
Inquire with the Hamptons Commercial RE Team for additional information.
Tax ID #: 0300-050.00-01.00-027.001
2023 Town Tax Bill: $23,701.86

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.54 AC
Building Size 14,000 SF
No. Rooms 29
No. Stories 2
Year Built/Renovated 1980/2009
Parking Ratio 2.07/1,000 SF
Corridor Exterior

Amenities

  • Balcony
  • Pool
  • High Speed Internet Access
  • Patio
  • Beach (direct access)
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 29 $296.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0300-050-00-01-00-027-001
Land Assessment
$3,600
Improvements Assessment
$17,000
Total Assessment
$20,600

zoning

Zoning Code RS (Resort/Motel)
RS (Resort/Motel)
  • Listing ID: 33540121

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 84 S Emerson Ave, Montauk, NY 11954

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