The subject
property is an operating hotel with (35) guest rooms, (38) baths and a
(250) seat restaurant business. The property is made up of (3) buildings
and several common areas. The property is located on the corner of
Grand Avenue and Washington Street and offers views of the water,
landscape, and downtown of Shelter Island Heights. The hotel averages
80% occupancy during the summer season. The accommodations are
competitive in regards to size and amenities of other establishments on
the island. Compared to room rates at these other locations, there is
room for substantial rate increases.
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Neighborhoods: Westchester County