Exclusive | Gosmans Dock family-owned mainstay in Montauk for 81 years sold to deep-pocketed investors

One of Montauk’s last affordable seafood bastions has been scooped up by yet another set of deep-pocketed investors – but these father-and-son buyers are vowing to keep it budget friendly, Side Dish has learned.Gosman’s Dock, named after the family that has run the Montauk mainstay for eight decades, was sold to Stephen Deckoff and his son, Stephen E.Deckoff last month.The deal for an undisclosed price comes on the heels of the recent purchase by the elder Deckoff for the notorious “Pedophile Island” owned by the late alleged convicted sex trafficker Jeffrey Epstein in the US Virgin Islands. Gosman’s – which comes with some of its own legal baggage after two family members were convicted of illegal commercial fishing – has been a fixture for locals and summer visitors alike, including the Deckoffs.“Montauk and eastern Long Island have played a major role in my family’s life for decades and I am excited for the opportunity for my son Stephen to establish an important business presence at the iconic Gosman’s property,” the dad, who founded Black Diamond Investment Group, told Side Dish in an exclusive interview.The waterfront compound — which began as a chowder stand in 1943 — consists of nine separate parcels, including a large seafood restaurant, six retail shops, wholesale and retail fish markets, housing for seasonal staff, a marina, fishing charters, boat rentals, and vacant land spanning 11.6 acres on Montauk Harbor. The purchase includes an option to build a 46-room hotel – a major incentive considering permission for new construction on the East End is extremely rare.Gosman’s Dock was last asking $45 million. It had been on and off the market since 2006, when it had a $55 million asking price.

The Deckoffs said they paid less than the $45 million asking price.“I think we were drawn to the value we could acquire it for and the fact that it is a beautiful piece of real estate on the water,” Stephen E.Deckoff said....