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Off market
  • $2,452,600

    4 S Elmwood Ave, Montauk, NY 11954

    1beds
    3,620sqft
    Single Family Residence
    Built in 1975
    8,276 Square Feet Lot
    $2,452,600 Zestimate®
    $678/sqft
    $35,000 Estimated rent

    Home value

    $2,452,600

    $1.86M - $3.24M

    $35,000/mo

    Zestimate® history
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    $17,041/mo

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    What's special

    South-facing windowsNatural lightFive bathroom stallsOutdoor seating areaFour additional roomsClean dry storage basementDj booth

    Prime restaurant building in vibrant Montauk, spanning 3,620 square feet and located just one block from the ocean. Surrounded by hotels, shops, and other dining establishments, this property benefits from excellent foot traffic and high visibility, making it an ideal location for your coastal culinary vision. As you enter, you're greeted by an inviting space featuring an oversized U-shaped marble bar that sets the tone for gatherings and memorable experiences. The south-facing windows flood the interior with natural light, enhancing the indoor-outdoor vibe that defines Montauk. The main area also includes a DJ booth, perfect for live music and events, alongside a beautifully designed wine closet with glass doors. The restaurant features a private dining room with banquet seating that opens to a larger dining area. This space includes oversized garage doors leading to an outdoor seating area. The layout is designed for convenience, with five bathroom stalls-each equipped with its own sink-alongside a fully equipped kitchen, prep area, and a clean, dry storage basement to support smooth operations. Upstairs, you'll find four additional rooms and a full bathroom, providing versatile options for extra storage or office use, complete with peeking views of the ocean. The entire building was updated in 2019, ensuring it's move-in ready. With a liquor license and live music permit until 4 AM, you can host lively events and offer a full bar experience, with draft beer lines and soda guns already in place. Ample parking completes this remarkable offering. Don't miss the chance to own a thriving restaurant in one of the hottest locations on the East Coast. Contact us today for more details and seize this opportunity to create a culinary destination that captures the essence of Montauk living!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Source: Out East,MLS#: 386305

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 6
    • Full bathrooms: 1
    • 1/2 bathrooms: 5
    Cooling
    • Central Air
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 3,620
    • Total interior livable area: 3,620 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Stories: 2
    Lot
    • Size: 8,276 Square Feet

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1975

    Community & HOA

    Location
    • Region: Montauk

    Financial & listing details

    • Price per square foot: $678/sqft
    • Date on market: 2/8/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    5/22/2025Listing removed$4,490,000$1,240/sqft
    Source: Out East #386305 Report a problem
    3/17/2025Price change$4,490,000-18.2%$1,240/sqft
    Source: Out East #386305 Report a problem
    2/8/2025Listed for sale$5,490,000$1,517/sqft
    Source: Out East #386305 Report a problem
    11/8/2024Listing removed$5,490,000$1,517/sqft
    Source: Out East #384702 Report a problem
    11/6/2024Listed for sale$5,490,000+33.9%$1,517/sqft
    Source: Out East #384702 Report a problem
    1/29/2018Listing removed$4,100,000$1,133/sqft
    Source: Nest Seekers Report a problem
    2/22/2017Listed for sale$4,100,000-25.5%$1,133/sqft
    Source: Nest Seekers Report a problem
    3/25/2016Listing removed$5,500,000$1,519/sqft
    Source: The Corcoran Group #8028 Report a problem
    9/17/2015Listed for sale$5,500,000$1,519/sqft
    Source: The Corcoran Group #19637 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 11954

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,452,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,452,600