166 Greenwich Street, Montauk, NY 11954

$2,495,000 · 3 bed · 3 bath · 1,976 sq ft · built 2026 · MLS# 1046325 · Active

Recently finished, this Montauk new construction offers three-bedrooms, two and one-baths on a quiet street, with moments from downtown Montauk restaurants, shops, and transportation. The open concept living, dining, and kitchen with high ceilings offers natural light from every vantage point. Enjoy the outdoors on the brand-new ground-level outdoor space. As the day comes to an end, downtown Montauk is only moments away.

Single-family homes in the Montauk Union Free School District sold for a median of $1,868,000 (typically $1,550,000–$3,000,000) across 9 recorded sales between Oct 10, 2025 and Aug 14, 2026, up 6.7% on the 12 months before. Too small a sample to be statistically stable — that median rests on 9 recorded sales, so a single sale moves it substantially. Treat it as a starting point rather than a market reading.

ZIP 11954 has about 13.3 months of inventory — strong buyer's market. A heavily oversupplied market — buyers hold the upper hand, and sellers often offer price cuts or concessions to compete.

At about $6,648 a year, this home's property tax is in line with the roughly $7,000 typical for Montauk Union Free School District. Suffolk bills combine town, school and special-district levies, so two homes at the same price in neighboring districts can carry materially different taxes. Exemptions such as STAR, Senior or Veteran move the number as well — a new owner's bill is often not the same as the seller's.

OneKey MLS (recorded LI sales, trailing 12mo) + actual tax