548 W Lake Drive

Montauk, NY
$ 4,800,000 Beds 0 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

Established restaurant/bar with outside patio and 10 en suite oversized motel rooms, oversized septic system and 27 private parking spaces, public water, Central Business zoned, 1,188 sq.ft. Basement storage, located in Montauk Harbor.

Business Op

  • Price
  • $ 4,800,000
  • Lot Size
  • 0.46 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Montauk
  • County
  • SUFFOLK
  • Style
  • Mixed Use
  • Area
  • 31
  • MLS#
  • 3168449
  • Zip
  • 11954
Listing Provided by: Lisa A Grenci | with Douglas Elliman Real Estate
Data Source: OneKey MLS

Features

General

Buildingareaunits Square Feet
Business Name The Sail Inn
Business Type Restaurant, Mixed
Elementary School District Montauk
High School District Montauk
Middle/Junior School District Montauk
Property SubType Mixed Use
Property Type Business Opportunity
Township East Hampton

Interior Features

Air Conditioning Y/N Yes

Exterior Features

Businessparkingspaces 27
Lot Dimensions .48
Lot Size Acres 0.4600
Lot Size Area 0.4600
Lot Size Source Other
Lot Size Square Feet 20038.00
Lot Size Units Acres
Total Parking 27.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Flushing, NY office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/28/2019 Listed $5,500,000
9/28/2019 8% - $5,100,000
11/26/2019 6% - $4,800,000

Property vs Zip Code Average in 11954

Price
AVG $4.8M
$4.8M
Visits
AVG 169
171
Walkscore
AVG 35
35
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

548 W Lake Drive Montauk, NY is a Single Family Home for sale at $4800000 and a lot size of 0.46 Acres Acre(s). 548 W Lake Drive Montauk has 0 bedrooms, 0 baths . The property's zip code is 11954 which is in Montauk, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.