310-312 BAY WALK

$4,000,000

Price [Calculator]

27

Beds

4

Baths

ID #: 96157
Property Type: Mixed Use
Availability: Immediately
Taxes: $33,424
Floor: 2
Stories: 2
Total Rooms: 31


Building & Unit Features


Own A Business in Ocean Beach Fire Island

Own a business on this beautiful beach
Residential prices are going up.
Larger crowds are coming.
This business is waiting to be brought to the next level.

UNPRECEDENTED INVESTMENT OPPORTUNITY IN THE VILLAGE OF OCEAN BEACH, FIRE ISLAND, NEW YORK.

This rare opportunity to acquire 310-312 BAY WALK is now available, with approximately 13,000 SF of potential! This two story property consists of two buildings connected by an upper deck.

Tremendous Cap with Tremendous Upside Building One is located on Bay Walk across from the the Village Green, which is one of the most traveled street in Ocean Beach. The first floor is 3854 SF and is permitted for two restaurants, one liquor store and one ice cream shop. The second floor of building one is 3600 SF and is a rooming house/hotel with a total of 25 rooms. The breakdown is 17 bedrooms, four bathrooms, three kitchens, and one laundry. 

Building Two is located on Cottage Walk adjacent to building one. The first floor is 1,442 SF and is permitted for one retail and one rooming house/hotel. The second floor of building two is also 1,442 SF and contains six bedrooms, two baths, and one kitchen.  

The location and opportunity can not be beat. Call for an appointment.

Jonathan Jossen 646-208-2904
Geraldine Onorato 917-282-3737
Frederick J. Onorato, Esq 917-681-1582

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