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This rare chance to acquire 310-312 Bay Walk is now available. The property offers over 10,000 square feet of prime commercial space in the heart of Ocean Beach. It features two connected two-story buildings linked by an upper deck. A fantastic 7%+ CAP with huge upside affords you a great foothold in the Fire Island market. 310 is located on Bay Walk across from the bustling Village Green promenade and occupies one of the most frequented streets in Ocean Beach. The first floor is zoned for two restaurants, retail, and an ice cream shop. 312 situated on Cottage Walk, features a first floor permitted for retail The second floor of both buildings span approximately 4000 sf with 23 bedrooms, 6 bathrooms and laundry. Just a short distance from Manhattan, Fire Island feels like a world away from the hustle and bustle of city life. With 32 miles of pristine beaches, it provides a perfect escape from the pressures of the mainland. Visitors can enjoy the stunning Atlantic Ocean shoreline, serene views of the Great South Bay, and access to tranquil wilderness areas. Fire Island has stayed an unspoiled haven thanks to the dedication of its communities, the Fire Island National Seashore, and the National Park Service.
Property Type(s):
Commercial
| Last Updated | 9/25/2024 | Year Built | 0 |
|---|---|---|---|
| County | Suffolk |
Price History
| Prior to Sep 25, '24 | $4,995,000 |
|---|---|
| Sep 25, '24 - Today | $4,490,000 |
Additional Details
| LOT | 7405 sq ft |
|---|---|
| LOT DIMENSIONS | 90x80 |
| SEWER | Public Sewer |
| TAXES | 38451 |
| ZONING | 482 |
Location
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Listed with Douglas Elliman Real Estate
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