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Muroff Hospitality Group is proud to exclusively offer for sale the fee simple interest in The Madison Fire Island Pines—a premier, design-forward guest house in one of the world’s most celebrated LGBTQ+ destinations. Chic and intimate, The Madison offers a unique hospitality experience just steps from the beach and harbor. The property features a grand sun deck, oversized pool, and a rooftop lounge with panoramic views of Fire Island Pines. Each guest room includes air conditioning, private baths, and thoughtful design touches that reflect the relaxed sophistication of the community. Located approximately 50 miles east of New York City, Fire Island is a pristine barrier island bordered by the Great South Bay and the Atlantic Ocean. The Madison is widely regarded as the most exclusive guest house in Fire Island Pines—a destination long recognized as the most upscale and affluent gay community in the world. This is a rare opportunity to acquire a profitable boutique asset with significant upside. With increased marketing and hands-on ownership, there is clear potential to elevate revenue and further solidify its reputation as the top lodging choice in the Pines. Financials are available to qualified buyers upon execution of a non-disclosure agreement.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$3,200,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,560,000 | $2,560,000 | $2,560,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.246% | 6.110% | 5.952% |
| Monthly Tax Payment | $853 | $853 | $853 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,939 | $15,348 | $21,259 |
| Total Monthly Payment | $14,917 | $16,326 | $22,237 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.