See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

29 Industrial Rd, Montauk, NY, 11954

2beds
2baths
0sqft
$1,100,000
--price/sqft
$7,667/moest. monthly cost
$306,680/yrincome needed

About This Home

Positioned in one of Montauk's rapidly evolving areas, this offering presents an outstanding opportunity to build your vision from the ground up. The existing structure is being offered as-is and is best suited for redevelopment, creating a blank canvas for investors, builders, or end users seeking to design a custom property in one of the East End's most sought-after destinations. Whether your plans include a modern beach retreat, an income-producing investment, or a year-round residence, this property offers the chance to capitalize on Montauk's enduring demand and unmistakable coastal lifestyle. Conveniently located near world-renowned beaches, marinas, restaurants, shops, and outdoor recreation, the location provides easy access to everything that makes Montauk one of the Hamptons' most coveted communities. Opportunities to acquire land with redevelopment potential in Montauk are increasingly rare. Bring your architect, builder, and imagination to unlock the possibilities this property has to offer.

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

7/10
Montauk SchoolGrades PK-80.7 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: No

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 0300027000300009000

Features

  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Waterfront
  • Frontage type: Waterfront

Lot

  • Lot size: 7,405 sqft

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters in Suffolk County and New York

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,562$66,744
Home Insurance *$374$4,488
Property Taxes $1,485$17,820
Electricity $246$2,954
Total$7,667$92,004
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$262,868/yr
40% on housing$230,010/yr
45% on housing$204,453/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.6%
4.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 11954$1,510
Suffolk County$724

vs Homes Sold Last Month

Median $/sqft

ZIP 11954$870
Suffolk County$412

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-15Pending sale$1,100,000
2026-07-15Listed for sale$1,100,000

For Sale by Agent

AgentHedgerow Exclusive Properties - Real Estate Sales Person
BrokerageHedgerow Exclusive Properties

Similar Homes