A well-known restaurant property in Amagansett has sold for $2.4 million.
The buyer, 2167 Montauk Holdings LLC, purchased the 1,500-square-foot building on .57 acres at 2167 Montauk Highway. The Florida home of David J. Miller, a partner in the Manhattan-based investment fund Elliott Management, is listed as the LLC’s registered address.
The property, which was the long-time home of the popular Cyril’s Fish House until it closed in 2016, had been occupied by Morty’s Oyster Stand since 2019.
Morty’s was a partnership of chef Sam Talbot and Jeremy Morton, who had purchased the property for $1.31 million in Jan. 2019 through the affiliate Out East Restaurant Group LLC, according to public records.
Miller, the new owner of the Amagansett property, has yet to announce his plans for the Montauk Highway spot. He also owns the Mavericks Montauk restaurant, which opened in 2022, and he owns residential property in Ditch Plains, according to The New York Times.
The Hamptons Commercial Real Estate Team of Compass brokers Hal Zwick and Jeffrey Sztorc represented the buyer, as well as the seller, Jeremy Morton, in the sales transaction.
“We are proud to have brokered the deal between the buyer and seller on this iconic site,” Zwick told LIBN. “We look forward to seeing the new concept later this spring on this Napeague Stretch property, which is the true gateway to Montauk.”
Image and article originally from libn.com. Read the original article here.