This Property is no longer advertised on Showcase.com.
Off Market
1/22

33 Bayview Walk
Cherry Grove, NY 11782


HIGHLIGHTS

  • This is an exclusive, never-before-offered opportunity to acquire the iconic the Belvedere Guest House at Fire Island.
  • There is over 200 feet of Bayfront in Fire Island’s premier LGBTQ+ destination.
  • Hotel has beautiful Venetian-inspired design with luxurious amenities and breathtaking views.
  • In an unbeatable location just steps from pristine beaches, vibrant nightlife, and dining.
  • There is a significant opportunity for revenue growth through rate management and F&B.
  • Belvedere Guest House has a renowned reputation with a loyal, repeat clientele, while also attracting new guests.

OVERVIEW

The Belvedere Guest House boasts luxurious amenities, ornate public areas, and breathtaking bay views. The property features beautifully appointed guest rooms, an outdoor pool and hot tub, a rooftop terrace, a private gym, and direct access to pristine beaches, vibrant nightlife, and fine dining. A beloved landmark within the Fire Island community for decades, this legendary property presents a once-in-a-lifetime investment opportunity. For the right investor, The Belvedere Guest House represents a compelling opportunity to drive value. There is meaningful upside through rate optimization and active revenue management, along with the introduction of food and beverage operations. Despite having elegant public areas—including a grand parlor and expansive gardens with direct bay views—the property has never offered event hosting or private dining, leaving significant ancillary revenue on the table.

FOR SALE DETAILS

PRICE

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# OF ROOMS

-

CAP RATE

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BUILDING DETAILS

PROPERTY NAME

The Belvedere at Fire Island

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

12836

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1956

PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

C-1

APN/PARCEL ID

0200-986-20-06-00-005-000