There's a lot of information to take in when it comes to purchasing your beach home. We've rounded up the questions that buyers ask the most when they are buying their dream Fire Island beach house! APPROXIMATELY HOW MUCH DO CLOSING COSTS RUN? Closing costs include the following: New York State Real Property Transfer Tax […]

Prepared by: Abigail Mago, Licensed Associate Broker Abigail@fireislandrealestate.com Island Wide Data The strong market performance we’ve been experiencing over the last few years has continued through 2018.  In fact, 2018 was a record year for the Fire Island real estate market, both in terms of the average and median sale prices.  The average island wide […]

Many people are under the misconception that mortgage financing is not available on Fire Island but that is not the case. Mortgage financing, both for second homes and investment properties on Fire Island, is available through a wide variety of lenders. Though not all banks will lend on the island, most will. No need to […]

Many people spend their lives dreaming of owning a beach house, but instead of going for it, they assume it's a luxury that's out of reach. However, with Fire Island’s robust rental market, you might be surprised at the financial realities of owning a vacation home. Buying a beach house can give you the opportunity to […]

Wondering what to get for your favorite Fire Islander this year for the holidays? Read on for our Fire Island Gift Guide! We've put together the best ideas for beach gear, decor, and Fire Island related items for the person who just can't get enough of the Fire Island life. Radio Flyer Classic Tricycle - […]

  Now that we’re into November and you’ve probably gotten every last bit of use out of your beach house, it’s time to think about how to safely close your home for the winter. We’ve put together a checklist to help walk you through the big jobs and the often-overlooked details to ensure your home […]

By: Abigail Mago, Licensed Associate Broker abigail@fireislandrealestate.com   A very common question that I'm asked by buyers is "When is the best time to buy on Fire Island?"  Many people assume that the Summer is the peak of the buying season, because that is when the island is busiest, but that's not actually the case.  […]

Fire Island Real Estate has gathered data on the Fire Island housing market so far in 2018. Check out our infographic below for Fire Island wide housing stats.

In this article, The Wall Street Journal covers wealthy buyers' interest in real estate on Fire Island. Fire Island Real Estate's Licensed Associate Broker, Abigail Mago, gives insight on how Hurricane Sandy drove up prices in the long term and why buyers are drawn to Fire Island. Check out the article below! https://www.wsj.com/articles/a-new-york-weekend-island-retreat-gets-fancy-1532618186?shareToken=stbaff6b1a1f5945abad6b52d890761fe1&ref=article_email_share

By: Abigail Medvin Mago abigail@fireislandrealestate.com So far, things have been looking up for the Fire Island real estate market in 2018.  There have been 30 sales transactions recorded island wide, year to date.  Because there is a recording lag of up to 90 days for sale data to come through to public sale record, this data […]

The 2018 summer season is fast approaching, and we wanted to inform you of an exciting improvements made by the Fire Island Ferries freight department!  To increase ease and convenience,  they have started accepting credit cards for freight! The Fire Island Ferries' new system eliminates the need to carry cash to either drop-off or pick-up […]

Prepared By: Abigail Medvin Mago, Licensed Associate Broker Overall the Fire Island real estate market saw another strong year in 2017.  A typical year sees 99 transactions per year[1], but in 2017, 137 Fire Island homes were sold.  While that does represent a 13% year over year decline from 2016’s very brisk volume of 157 […]