Aerial view of Montauk Yacht Club marina in Montauk, NY

Montauk Yacht Club

Montauk, NYJul 2022

$190.5M

Location

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Price

$190.5M

Location

Montauk, NY

Date

Jul 2022

Type

Acquisition

Buyer

Seller

Slips

232 slips

Price/Slip

Deal Details

Most expensive commercial property sale in Hamptons history. Price chain: $34M in 2007, $56.7M to Gurney's in 2018, $13M in renovations, then $149M to Safe Harbor in 2022 ($190.5M in SUI filings includes $26.3M in goodwill). 35-acre estate on Lake Montauk dating to 1928 — Carl Fisher built it, the Astors and Vanderbilts joined.

232 slips accommodating boats up to 300 feet, 107 hotel rooms, 3 pools, 2 restaurants, private beach. Safe Harbor spent nine months renovating before reopening. Per SEC filing (SUI 10-K FY2022).

Market Context

Based on 4 tracked marina transactions in New York, average price per slip data is available to Pro members. This deal's price per slip: .

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Frequently Asked Questions

When did Montauk Yacht Club sell?

Montauk Yacht Club in Montauk, NY closed a marina acquisition in Jul 2022.

What are recent marina sales in New York?

There have been 6 tracked marina transactions in New York, including Montauk Yacht Club and Redwood Anchorage Marina. View all New York marina deals at marinadealflow.com/deals/state/ny.

Where can I find marina transaction data?

Marina Deal Flow tracks marina sales, acquisitions, and listings across the United States. Pro members get access to buyer, seller, pricing, and cap rate data on every transaction.

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