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    22 Atlantic Walk Fire Island, NY 11782

    Sponsored
    For Sale
    $3,250,000

    Luxury Hotel, Beachfront, 9 Rooms

    Property size:
    9,148 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional opportunity to acquire The Madison, a luxurious 9-room hotel in the exclusive Fire Island Pines. This tastefully renovated (2023) property boasts 9,148 square feet across two, three-story buildings situated on a 0.21-acre lot. Each of the nine spacious guest rooms features a private bath, flat-screen TV, air conditioning, premium bedding, and luxurious amenities. The hotel includes a stunning heated pool, a large pool deck with lounge chairs, and an expansive roof deck offering panoramic views. The property's prime location provides unparalleled convenience, being just 60 seconds from both the beach and the harbor. Built in 1970, The Madison is zoned for both commercial and residential use, presenting significant upside potential for revenue growth through enhanced marketing and management. This profitable boutique hotel is situated in the heart of Fire Island Pines, a renowned upscale LGBTQ+ community. The property features 17-foot-high ceilings, custom wood floors, recessed lighting, and abundant natural sunlight. Financial details are available upon request to qualified buyers with a signed non-disclosure agreement. Don't miss this chance to own one of the most exclusive guest houses in Fire Island Pines.

    Property Features for 22 Atlantic Walk

    General Information

    Property type
    Hotels
    Square Feet
    9,148 SF
    Lot Size
    9,148 SF

    Building Details

    Year Built/Renovated
    1970/2023
    Buildings
    2
    Stories
    3

    HighLights

    • $3,250,000 asking price for this 9,148 sq ft hospitality property.
    • Profitable hotel with significant upside potential.
    • Prime location: 60 seconds from the beach and dock.
    • Recently renovated (2023) with modern amenities including private baths and AC in all nine guest rooms.
    • Offers a serene, private setting while being steps from the vibrant Fire Island Pines community.
    • Located in the exclusive, affluent LGBTQ+ community of Fire Island Pines, NY.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Adult Day Care Center Garden Center Women's Store Italian Restaurant Department Store Food Market Bar & Pub Breakfast Travel Agency Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fire Island
    County
    Suffolk
    State
    New York
    Longitude
    -73.0693274
    Latitude
    40.664609

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    FAQs

    What type of property is this?
    Hotel - Luxury Hotel, Beachfront, 9 Rooms
    Where is this hotel located?
    The property is located at 22 Atlantic Walk Fire Island, NY.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: $3,250,000 asking price for this 9,148 sq ft hospitality property.; Profitable hotel with significant upside potential.; Prime location: 60 seconds from the beach and dock.
    Request Owner's contact information
    22 Atlantic Walk Fire Island, NY 11782
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    Fire Island, NY 11782
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22 Atlantic Walk Fire Island, NY 11782
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