22 Atlantic Walk, Fire Island, NY 11782
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.
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.