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- LoopNet Team
33 Bayview Walk
Cherry Grove, NY 11782
The Belvedere at Fire Island · Hospitality Property For Sale
·
12,836 SF
INVESTMENT HIGHLIGHTS
- This is an exclusive, never-before-offered opportunity to acquire the iconic the Belvedere Guest House at Fire Island.
- Hotel has beautiful Venetian-inspired design with luxurious amenities and breathtaking views.
- There is a significant opportunity for revenue growth through rate management and F&B.
- There is over 200 feet of Bayfront in Fire Island’s premier LGBTQ+ destination.
- In an unbeatable location just steps from pristine beaches, vibrant nightlife, and dining.
- Belvedere Guest House has a renowned reputation with a loyal, repeat clientele, while also attracting new guests.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 12,836 SF |
| Property Subtype | No. Stories | 3 | |
| Building Class | B | Year Built/Renovated | 1956/2023 |
| Lot Size | 0.26 AC | Corridor | Interior |
| Zoning | C-1 | ||
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | B |
| Lot Size | 0.26 AC |
| Building Size | 12,836 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1956/2023 |
| Corridor | Interior |
| Zoning | C-1 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Outdoor Pool
- Beach (direct access)
- Meeting Event Space
- Wedding Venue
- Public Access Wifi
- Hot Tub
- Fiber Optic Internet
- Smoke Detector
ABOUT 33 BAYVIEW WALK , CHERRY GROVE, NY 11782
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.
PROPERTY TAXES
| Parcel Number | 0200-986-20-06-00-005-000 | Improvements Assessment | $8,500 |
| Land Assessment | $400 | Total Assessment | $8,900 |
PROPERTY TAXES
