At the end of last year, the Ocean Surf Resort in Montauk listed for sale with a price tag of $25 million under Brown Harris Stevens listing agent, Jose Dos Santos. After six months on the market, the commercial property has just taken $3 million off its asking price, now listed for $22 million.
Unfortunately, the property is just a half-acre—but its right on the ocean and has 160 feet of water frontage. The current structure stands 9,400 square feet, and the listing suggests the “possibility of conversion to co-op units as well as expansions.”
Right now, there are 26 hotel rooms inside the resort as well as four storage areas and three staff quarters.
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- Montauk Oceanfront [Brown Harris Stevens]