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57 Kirk Ave
Montauk, NY 11954
Retail Property For Sale
EXECUTIVE SUMMARY
A unique pre-existing, non-conforming complex in the Harbor area of Montauk.
A community of six, 2-bedroom cottages and four, large studios. All with kitchens and a common laundry room.
While the site is now used for year-round rentals, the site has a motel license and can be used accordingly.
There are also two, wet use stores with long term leases and a recently added 2-bedroom apartment on the second floor of one of the retail units.
The complex can continue used " as-is" or renovated to meet a new owners concept.
A community of six, 2-bedroom cottages and four, large studios. All with kitchens and a common laundry room.
While the site is now used for year-round rentals, the site has a motel license and can be used accordingly.
There are also two, wet use stores with long term leases and a recently added 2-bedroom apartment on the second floor of one of the retail units.
The complex can continue used " as-is" or renovated to meet a new owners concept.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,200 SF
Building Class
C
Year Built/Renovated
1960/2016
Price
$7,500,000
Price Per SF
$1,041.67
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.26
Lot Size
0.63 AC
AMENITIES
- Corner Lot
PROPERTY TAXES
| Parcel Number | 0300-005-00-05-00-007-000 | Improvements Assessment | $13,000 |
| Land Assessment | $2,000 | Total Assessment | $15,000 |
PROPERTY TAXES
Parcel Number
0300-005-00-05-00-007-000
Land Assessment
$2,000
Improvements Assessment
$13,000
Total Assessment
$15,000
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