If you've ever thought to yourself, "My really estate portfolio is really missing an airport," now's your chance to correct that egregious oversight. The Montauk Airport is for sale! Asking price? $18M.
So what do you get for almost $20M? Sadly, it doesn't look like any planes are included with the sale. However, it does come with 37 acres (surrounded by a 1000 acre preserve), an approximately 3200 ft. long asphalt runway, a 400 sq. ft. main office with bath, a 45ft x 36ft permanent hanger and four portable hangers. The brokerbabble also mentions that there are subdivision possibilities.
With the growth Montauk's been seeing over the last few years, we have a feeling this little airfield is going to become quite the hot commodity in the near future. Hopefully, they'll be able to avoid the issues that have been plaguing the one in East Hampton.
· Listing: The Montauk Airport [Prudential Douglas Elliman]