
Representative image — not a photograph of this business.
- Multiple
- 19.4×
Asking price divided by annual cash flow.
Figures are seller-reported and remain unaudited. Any ratio shown is calculated from them. Not a projection of future performance.
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About the business
Rare 2.5-acre waterfront marina property producing approximately $180,000 in net income — with 18 active boat slips and a tenant-occupied restaurant — a turnkey, income-generating coastal asset in one of Long Island's most desirable South Shore boating communities.
The property features 18 active boat slips with a loyal seasonal clientele and a tenant-occupied 1,200 sq ft restaurant that pays monthly rent to the property owner. Combining boat slip rentals and tenant income, the asset generates approximately $180,000 in net income annually as excellent passive income. Ample parking, waterfront access, and zoning flexibility add to its long-term value.
Adjacent to a highly trafficked marina and just steps from the beach, the property benefits from strong recreational boating demand and consistent footfall from beachgoers and marina traffic. With significant long-term upside through expanded services, rate increases, or redevelopment, this is an ideal purchase for investors, marina operators, or developers seeking a stable, income-generating coastal asset in a premier Long Island boating community.
Key facts
- Fact
- 18 active boat slips with loyal seasonal clientele
- Upside
- Expanded services, rate increases, or redevelopment
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