22 Atlantic Walk - Hospitality FOR SALE


Fire Island Pines, NY 11782
$3,250,000 USD
617-610-7774
22 Atlantic Walk, Fire Island Pines, NY for Sale
$3,250,000 USD
Hospitality - FOR SALE
1/21
null | Request Cap Rate

22 Atlantic Walk
Fire Island Pines, NY 11782


HIGHLIGHTS

  • The most beautiful guest house in Fire Island Pines!
  • 60 second walk to the dock or beach!
  • Tastefully renovated and appointed!
  • Privacy & serenity only seconds from the action!
  • The most upscale, affluent LGBTQ+ community!

OVERVIEW

Muroff Hospitality Group has been exclusively retained to offer for sale the fee simple interest of The Madison Fire Island Pines. Wonderfully chic, The Madison Guest House is different from anything you've ever experienced in this internationally-famous gay community. There's a grand deck, a huge pool, a hot tub and a roof deck with panoramic views of the Pines. All rooms come with a/c and private baths. Located approximately 50 miles east of New York City, Fire Island is a small barrier beach island, bordered to the north by the Great South Bay and to the south by the Atlantic Ocean. The Madison presents the rare opportunity to acquire the most exclusive guest house in Fire Island Pines; long considered to be the most upscale, affluent gay community in the world. There is enormous potential to increase revenue in this already profitable boutique property, with hands on management and increased marketing efforts. Financials are available with a signed non disclosure agreement to qualified buyers. Situated in the heart of the world’s most beautiful gay resort community, The Madison Fire Island Pines is an exclusive compound that’s a world away. Enter a space with 17-foot-high ceilings, a wall of glass, custom wood floors, recessed lighting and sunlight for days. The main pool deck has a vast, beautiful heated swimming pool and sumptuous lounge chairs. The pool deck is surpassed only by an astonishing roof deck, one of several beautiful outdoor spaces to enjoy around the property. There are nine spacious, modern rooms in this stunning guest house - the most beautiful in Fire Island. Each room has a private bath, flat screen TV, AC, premium bedding and luxurious amenities. The location is unbelievable: It's 60 seconds from the beach and 60 seconds from the harbor. Don't delay, summer is fast approaching!

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$355 USD /SF

# OF ROOMS

9

PRICE/ROOM

$361,111 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Madison Fire Island Pines

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

Residential

APN/PARCEL ID

0200-986-40-07-00-024-000

ASK ABOUT THIS PROPERTY

Mitchell B Muroff, Esq.Muroff Hospitality GroupMore Info
617-610-7774

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Mitchell B Muroff, Esq.Muroff Hospitality GroupMore Info
617-610-7774

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.