Discover a rare opportunity on the picturesque Montauk shoreline with this .83 acre property offering a unique blend of commercial/industrial zoning potential alongside a charming single-family home and cottage. Situated just a 2-minute walk from the water's edge, this property promises endless possibilities for development and lifestyle. The main residence, a distinctive 2-story home featuring 2 bedrooms and 1 bath, embodies a cozy yet versatile living space, ideal for personal use or creative renovation. Adjacent to the main house, a quaint cottage equipped with all utilities boasts 1 bedroom and 1 bath, providing additional accommodation or rental income potential. With its prime location and expansive lot, totaling .83 acres, this property invites visionary investors and homeowners alike to envision and realize something truly extraordinary. Seize the chance to transform this Montauk gem into your dream coastal sanctuary or thriving commercial venture.
46 N Shore Road, Montauk, NY, 11954
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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