**Marcus & Millichap Brokers $34.35M Sale of Gosman’s Dock Portfolio in Montauk**
Marcus & Millichap has announced the $34.35 million sale of Gosman’s Dock, a 48,145-square-foot, nine-property mixed-use commercial real estate portfolio situated on 11.6 acres in Montauk, New York.
The brokerage team, led by Henri M. Kessler, along with Michael Tuccillo and Eric Anton, represented the sellers—Gosman’s Restaurant & Bar LLC, Bob Gosman Co. Inc., Gosman’s Restaurant Bar Inc., and Harrington Property Associates LLC. The team also successfully procured the buyers.
“We leveraged our relationships in our firm’s global capital division to procure the buyers,” said Kessler. “Our buyers, Stephen Deckoff, founder of private equity firm Black Diamond Capital Management, and his son, Stephen E. Deckoff, are well acquainted with eastern Long Island, Montauk, and Gosman’s waterfront commercial real estate portfolio.”
According to Kessler, the Deckoffs plan to preserve the legacy of these landmark assets while enhancing the food and beverage offerings through a strategic partnership with the France-based Bagatelle Group.
Gosman’s Dock has a rich history that began with a land lease in 1943 and has since evolved into a vibrant commercial hub. The portfolio includes four restaurants, a fish market, six retail stores, four staff residences, a marina, ample parking, fish charter facilities, and a boat rental site.
