478 West Lake Drive

Sold 9/6/25
Sold 9/6/25
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Last Sold Price
$5,100,000
8,000 sqft$638/sqft
478 W Lake Dr, Montauk, NY 11954

Description

A premier commercial waterfront property located in the heart of Montauk harbor is comprised of 5 separate buildings and 3 dock spaces. Buildings 1 & 2 are 2600+/- sf each (1300 sf each floor) with 4 separate rental units and harbor views from each unit. Building 3 is 1200+/- sf with a covered porch and outdoor seating area. Building 4 is a 2500+/- sf fishpacking facility, and building 5 is an ice house/cold storage. The property is zoned commercial waterfront which offers multiple uses. Situated...A premier commercial waterfront property located in the heart of Montauk harbor is comprised of 5 separate buildings and 3 dock spaces. Buildings 1 & 2 are 2600+/- sf each (1300 sf each floor) with 4 separate rental units and harbor views from each unit. Building 3 is 1200+/- sf with a covered porch and outdoor seating area. Building 4 is a 2500+/- sf fishpacking facility, and building 5 is an ice house/cold storage. The property is zoned commercial waterfront which offers multiple uses. Situated on 1.16 acres with ample parking and heavy foot traffic, this is a unique opportunity in a great waterfront location with many possibilities.
LISTING CLOSED: 09/06/2025 02:48 PM

Listing Agent

  1. Chris Coleman

    Chris Coleman

    Listing Agent

    Compass

    P: (516) 445-1513

    CallText

Property Details for 478 West Lake Drive

Status
Sold
MLS #
902123
Days on Market
364
Taxes
$27,500 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Single Family
MLS Type
Residential
Year Built
1978
Lot Size
1.16 AC
County
Suffolk County
Compensation Remarks
5% buyer's broker compensation
Apartment Type
0
Garage Type
0
Attached Parking
0
Has Central AC
Yes
Waterfront Property
Yes
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Location

Sold By Compass

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Building Information for 478 West Lake Drive

Stories2Year Built1978Building Size-Lot Size1.16 AC

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$28,214 per month

30 year fixed, 6.55% Interest

Principal and Interest

$25,923

Property Taxes

$2,292

HOA Dues

$0

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Property Information for 478 West Lake Drive

Summary
Location and General Information
  • Latitude: 41.074209
  • Longitude: -71.938513
  • Property Township: East Hampton
  • Property Zone Type: 0
  • Body of Water Name: Montauk Harbor/Lake Montauk
  • View Bay: Yes
  • View Harbor: Yes
  • View Water: Yes
  • Waterfront Bay: Yes
  • Waterfront Dock: Yes
  • Waterfront Harbor: Yes
  • Hamlet ID: 112
Taxes and HOA Information
  • Tax Year: 0
  • Percentage of Tax that is Deductable: 0.0
  • Parcel ID: 0300-006.000-03.00-006.000
Property
Lot Information
  • Land Frontage in Feet: 0.0
Property and Assessments
  • Residential Style: 0
  • Renovation Comments: Two larger buildings renovated
  • Renovation Year: 2020
  • Construction Type: 0
  • Commercial Type: 0
Utilities
  • Sewer Type: 0
  • Water Source Type: 0
Interior and Exterior Features
Exterior Features
  • Exterior Deck: Yes
  • Exterior Patio: Yes
  • Siding Cedar Shake: Yes
  • Attic Type: 0
Interior Features
  • Basement Area Square Footage: 0.0
  • Basement Type: 0
  • Heat Fuel Electric: Yes
  • Heat Type Forced Air: Yes
  • Interior Amps: 0
  • Kitchen Counter Type: 0
  • Kitchen Type: 0
  • Number of Fireplaces: 0.0
  • Number of Garage Spaces: 0.0
  • Number of Lots: 0.0
  • Number of Rooms: 0.0
  • Number of Stories: 2.0
  • Number of Units: 0.0

Public Records for 478 West Lake Drive

Taxable ValueLand$7,750Additions$13,400Total$21,150
Tax Record2024$24,335 ($2,028 / month)
Home Facts
Lot Size50,530 SqFtStyleTransportationCountySUFFOLKAPN0300-006.00-03.00-006.000

Schools near 478 West Lake Drive

This home is within Montauk Union Free School District.
Rating
School
Type
Grades
Distance
Montauk School
Public - PK to 8
Rating
School
Distance
Montauk School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Montauk
Montauk
A tried-and-true beach town, fishing village, and surfer’s paradise, permeated by laid-back vibes. Where the siren song of the ocean has the strongest pull of all.
Montauk Guide

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 478 West Lake Drive, Montauk, NY 11954
$5,100,000
–
8,000
50,529
478 West West Lake Drive, Montauk, NY 11954
$5,100,000
1
8,000
50,529
482 West Lake Drive, Montauk, NY 11954
–
–
–
–
4,356
479 West Lake Drive, Montauk, NY 11954
–
–
–
–
8,712
487 West Lake Drive, Montauk, NY 11954
–
–
–
–
25,700
484 West Lake Drive, Montauk, NY 11954
$5,763,978
–
–
–
95,832

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY