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500 West Lake Drive, Montauk, NY 11954 Property Information

500 West Lake Drive, Montauk, NY 11954 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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500 West Lake Drive, Montauk, NY 11954
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Address

Primary address 500 West Lake Drive, Montauk
Zip code 11954
County Suffolk
Municipality East Hampton
Parcel ID 6-1-8

Sales & Tax Overview for 500 West Lake Drive, Montauk

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 10/21/2024
Sale price $13,063,995
Arm's length
Property tax $44,562

Lot & Building Information for 500 West Lake Drive, Montauk

Building sqft 36,878
Building class Restaurants (421)
Acreage 1.3
Year built 1965
Stories 2
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
School district Montauk

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Other Property Data for 500 West Lake Drive, Montauk

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  • • Improvements for 500 West Lake Drive, Montauk , including their type, square footage, grade and when they were built.
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About 500 West Lake Drive, Montauk

How many sq. ft. does 500 West Lake Drive, Montauk, NY 11954 have & what is the price per sq. ft?

This Store (SCILSR) located at 500 West Lake Drive, Montauk, NY 11954 has a total of 36,878 square feet and a current price per square foot of $354.

What is the year built & the current market value of 500 West Lake Drive, Montauk, NY 11954?

500 West Lake Drive, Montauk, NY 11954 was built in 1965 and has a current tax assessor's market value of $12,906,250.

Ownership Information

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Past Sales & Property History for 500 West Lake Drive, Montauk

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Purchase date Purchase price Buyer name Seller name
10/21/2024 $13,063,995

Title Documents for 500 West Lake Drive, Montauk

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Date Type Amount Party 1 Party 2 Doc image
10/21/2024 - D
11/06/2024 - R
Deed
           
           
           
           
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R: Recorded date
D: Document date

Property Taxes for 500 West Lake Drive, Montauk

Access detailed property tax data for 500 West Lake Drive, Montauk, NY 11954. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year 2025-2026
Property tax $44,562
Market value $12,906,250
Assessed value $41,300

Assessment History for 500 West Lake Drive, Montauk

Here's the assessment & property tax history for 500 West Lake Drive, Montauk, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2024-2025 $11,800,000 $41,300 1014.19 $41,886 -2.22%
2023-2024 $11,162,162 $41,300 1037.25 $42,838 +5.87%
2022-2023 $9,177,778 $41,300 979.73 $40,463 +6.89%
2021-2022 $7,120,690 $41,300 916.56 $37,854 +4.94%
2020-2021 $7,120,690 $41,300 873.45 $36,073 +0.34%

Permits for 500 West Lake Drive, Montauk

The complete history of permits filed for 500 West Lake Drive, Montauk, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Data not available for this property.

Demographics by Zip Code

Total population 4,223
Median age 44.7
Average household income $250,072
Family households 63.8%
Occupied housing units 1,615
Owner occupied units 78.7%
Average number of people per household 2.54
Median year structure built 1978
Median value for units with a mortgage $1,375,000
Median value for units without a mortgage $1,337,800

Risk

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FEMA flood zone(s) VE, X (See more on map)

Transportation

Access the detailed traffic volume map for 500 West Lake Drive, Montauk to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 500 West Lake Drive, Montauk

Here are the neighbors for 500 West Lake Drive, Montauk.

Address Square feet Purchase date Purchase price
508 W Lake Dr, Montauk 12/14/2022 $1,049,985
516 W Lake Dr, Montauk 12/14/2022 $257,665
348 Flamingo Ave, Montauk 11/19/2020 $515,000
511 E Lake Dr, Montauk 02/10/2020 $1,300,000
512 W Lake Dr, Montauk 12/14/2022 $167,482
522 W Lake Dr, Montauk 10/30/2002
507 W Lake Dr, Montauk 10/21/2024 $678,877
527 E Lake Dr, Montauk 02/10/2020 $5,750,000
507 E Lake Dr, Montauk 06/02/2003
526 W Lake Dr, Montauk 07/03/2002
16 Kirk Ave, Montauk 04/15/1997
555 E Lake Dr, Montauk
517 E Lake Dr, Montauk 02/10/2020 $3,750,000
541 E Lake Dr, Montauk
521 E Lake Dr, Montauk 07/06/2004
501 E Lake Dr, Montauk
504 W Lake Dr, Montauk 12/14/2022 $115,949
12 Kirk Ave, Montauk 12/10/2019 $400,000
511 W Lake Dr, Montauk 10/21/2024 $946,207
502 W Lake Dr, Montauk

Nearby ZIP Codes for 500 West Lake Drive, Montauk

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