Property summary
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 profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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from $99/month
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from $99/month
Property description
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