Listed by Compass, Compass Real Estate
$26,000,000
84 S Emerson Ave
Details
APN 0300-050.00-01.00-027.001
Property Type Multifamily, Hospitality
Sub Type Hotel
Acreage 0.540
Zoning RS
Ground Lease No
Ownership ???
Oceanfront Hotel For Sale - Pristine Commercial Asset in Montauk` s Downtown Core
Marketing description
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.
Price Upon Request: Inquire with the Hamptons Commercial RE Team for additional information.
Listing Contacts
Listed by Compass, Compass Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?





























