Montauk's Sands Motel Hits Market For $28 Million

MONTAUK, NY — The Sands, an iconic property in Montauk, is on the market for $28 million.

Exclusively listed by Hal Zwick and Jeff Sztorc of the Compass Hamptons Commercial Real Estate team, the property "is an exceptional opportunity to own a substantial hotel asset in one of the premier summer resort towns on the East Coast," Compass said.

The property boasts more than 250 feet of frontage on Montauk Highway and 360-degree water views of the Atlantic Ocean and Fort Pond, the listing said.

"The Sands Motel has been a cherished part of the Montauk community for generations.This property presents a rare opportunity to shape the downtown district with a hotel that mixes Montauk’s charm with modern accommodations," said Zwick.

The Sands Motel complex, located at 71 S. Emerson Avenue; 79 S. Emerson Avenue; 3 S. Emery Street; 666 Montauk Highway in Suffolk County, consists of a 43-key, 19,000 gross square foot hotel complex configured with three, one and two-story guest room buildings and one small rental/operations building. The entire complex is situated on four parcels totaling 1.16acres, the listing said.

The hotel provides a mix of one- and two-bedroom units, each with one bathroom. Fourteen select units also feature small to medium-sized kitchens. In addition, the 666 Montauk Highway property includes a two-bedroom cottage with a living room, kitchen,and bathroom on the ground floor, the listing said.

"It is extremely rare to have an asset like this hit the market with such long-term family ownership," added Sztorc. "What makes it unique is the convenient location in downtown Montauk while still capitalizing on panoramic water views. The size of this hotel, along with the pool and location, put it on a very short list for full-service Hamptons hospitality."

For additional information, please inquire exclusively with the Hamptons Commercial RE Team, by reaching out to either jeffrey.sztorc@compass.com, 631-903-5022 or hal.zwick@compass.com, 631-678-2460.