Buy with Yoreevo
$2,946,517
List Price: $2,999,000
Share Listing
Save Listing
18 North Shore Road
House in Montauk •  building info
studio • 43,124ft² • $70 per ft²
Buy with Yoreevo

$2,946,517

List Price

$2,999,000

Key Details
Days on market
208
Last price change
loading...
Estimated payment
$17,077/mo
Taxes
$458/mo
Maintenance
N/A
Description
A RARE OPPORTUNITY TO OWN a one-of-a-kind, Multi-Family, Commercial/Residential property in beautiful Montauk! The property comprises 5 Cottages, a Main House with two separate apartments, as well as two accessory structures, all situated on a 1 acre parcel. Low Taxes! In addition, It is adjacent to the Lee E. Koppelman Nature Preserve, where one can enjoy 777 acres of untouched forest, and a hidden pond, accessible by trails. It is also just down the road from Fort Pond Bay and the Edward Vincent Ecker, Sr. County Park, featuring a fishing pier, a beach suitable for launching kayaks and canoes, as well as offering easy access to vast trails in Hither Woods Preserve. The location is just a short distance from Montauk's world-renowned ocean beaches; ideal for surfing, swimming and fishing, as well as the vibrant center of Montauk town, with its plentiful restaurants, shops and down-to-earth beach vibe. The 5 Cottages exude old-world charm and appeal from Montauk's days past, and it's preeminence as the "Surf Fishing Capital of the World," as well as being New York State's largest commercial fishing port. Their pre-existing, non-conforming status, as well as the property's mixed-use, commercial zoning, allow for a wide range of opportunities. Use your imagination with this property, whether to retain as an investment vehicle, or repurpose to suit your specfic needs. Some potential uses may include workforce housing or a family compound. Whatever your choice, Montauk is a highly sought-after, Premier Destination, and this offering will not last! Live the Montauk Dream today!

Hide full description

Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$2,999,000
Asking Price: $2,999,000
Term
30 Years
Down Payment
$299,000 (10%)
Min: 10% (299,000)
Rate
6.25 %
Mortgage Amount
$2,699,100
Mortgage Payment
$16,619
Taxes
$458
Estimated Yoreevo rebate
$52,483
Estimated closing cost
$109,000
Total monthly cost $17,077
Buy your dream home with us and get an estimated $52,483 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Douglas Elliman

Information ©2025, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.