177 Ocean Walk, Fire Island, NY 11782
This exceptional lease opportunity presents a 10,000 square foot restaurant space located at 177 Ocean Walk in the vibrant Cherry Grove community on Fire Island, New York. Situated in Suffolk County (zip code 11782), this single-tenant retail property offers unparalleled access to Fire Island's renowned beaches and bustling downtown area. Cherry Grove is celebrated for its welcoming atmosphere, exciting nightlife, and stunning natural beauty, attracting a diverse clientele. The property's prime location within this thriving resort town ensures high visibility and foot traffic. The surrounding area boasts a vibrant mix of restaurants, bars, and shops, creating a dynamic and energetic environment. Fire Island itself is a 31-mile-long barrier island just off the southern coast of Long Island, offering pristine beaches and a unique coastal lifestyle. This location is ideal for a restaurant seeking to capitalize on the significant tourist traffic and the strong local community. The property's size allows for a large-scale operation with ample space for dining, kitchen facilities, and potential expansion. This is a rare chance to establish a successful business in one of the most desirable locations on Fire Island. The property is easily accessible from New York City, making it a convenient destination for both locals and tourists. This presents a unique opportunity for a discerning restaurateur to establish a thriving business in a highly sought-after location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.