📠Approved for 32 Condos | Multi-Revenue Property | 50+ Boat Slips | $40K Taxes
An extraordinary opportunity to acquire a prime 4-acre waterfront parcel with full approvals in place for a 32-unit condominium development. This one-of-a-kind property is income-producing today and development-ready tomorrow, offering the perfect mix of short-term cash flow and long-term upside.
✅ Fully approved for 32 residential condos – ready for shovel-in-ground development
✅ Significant waterfront parcel in a sought-after area
✅ Perfect for developers seeking a rare coastal Long Island project
✅ Utilities and zoning already in place – minimize time to build
âœ”ï¸ Well-established waterfront business operating for over 40 years – stable, reliable income
âœ”ï¸ 2 separate rental homes on-site – ideal for additional cash flow or future redevelopment
âœ”ï¸ Over 50 boat slips – seasonal and annual dockage revenue
âœ”ï¸ Multiple revenue streams support strong holding value during development planning
This property offers a rare blend of steady income and development-ready opportunity, ideal for:
Real estate developers looking to capitalize on an approved waterfront project
Marina operators or hospitality groups exploring expansion or redevelopment
Investor groups seeking long-term value in one of Long Island’s most desirable boating communities
📌 Annual taxes approx. $40,000 – low relative to parcel size and revenue potential
📞 Confidential listing – serious inquiries only.
NDA and proof of funds required to receive full details, site plans, and financials.
Contact:
Joseph Mesi
East Coast Business Brokers
📱 631-236-8598
âœ‰ï¸ joseph@eastcoastbusinessbrokers.com
@business4salebyjoe
Bronx, New York