53 W Tiana Rd - Hospitality FOR SALE


Hampton Bays, NY 11946
$6,900,000 USD
516-456-2031
53 W Tiana Rd, Hampton Bays, NY for Sale
$6,900,000 USD
Hospitality - FOR SALE
1/27
null | Request Cap Rate

53 W Tiana Rd
Hampton Bays, NY 11946


HIGHLIGHTS

  • 27 Keys Across 12,000sf on 1.1-Acres.
  • 7 Motel Buildings & 2 Storage Buildings.
  • Lobby, Clubhouse, Pool, Boat Launch, Gym, & Much More.
  • Floating Dock, Boat Launch, and Sandy Beach.
  • Surrounded By Nature Preserves with a Bright and Well Kept Appearance.
  • Call or Text Anthony at (516) 456-2031 for more information today!

OVERVIEW

Bayfront, 27-key motel with a lobby, clubhouse, pool, boat launch, gym, & much more! The Bayview Resort is a well-kept motel situated on the west side of Tiana Bay in Hampton Bays, NY. The 1.1-acre parcel has 9 structures; 5 one-story motel buildings with efficiency suites, 1 two-story motel building with deluxe suites, 1 two-story building with the clubhouse & a penthouse suite, and 2 cabana style sheds for storage. On the waterfront, there is a pool with a sprawling deck, floating dock, and sandy beach to launch kayaks and small boats. Rarely do family-run operations like this come to market; especially one that is so turn-key and optimized. The facility has something to offer for everyone. There has been motel facilities here since the 1970’s, but the existing structures were largely built in 1995 with full renovations in 2014. The buildings total 12,000sf roughly. A truly great investment property with a proven track record of impressive income. 51 W Tiana Rd is a 1.06-acre waterfront lot with a newly renovated 1,247sf single family home featuring 3 bedrooms and 1 bathroom. Both properties are zoned RWB - Resort and Waterfront Business. The assemblage allows operational flexibility for the motel and commercial expansion opportunities. Inquire with the Hamptons Commercial Real Estate team for additional information.

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$2,974 USD /SF

# OF ROOMS

27

PRICE/ROOM

$255,556 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bayview Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1995

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

RWB

APN/PARCEL ID

0900-256-00-01-00-038-000

ASK ABOUT THIS PROPERTY

Anthony CerioBrown Harris StevensMore Info
516-456-2031

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Anthony CerioBrown Harris StevensMore Info
516-456-2031

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