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Waterfront Marina Property — 18 Slips, $180K Passive Income

Marina

Suffolk County, NY

Waterfront Marina Property — 18 Slips, $180K Passive Income — business for sale in Suffolk County, NY
Sold
Sold

Representative image — not a photograph of this business.

Ref ID1340
Asking price$3,500,000
Cash flow$180,000
OperationAbsentee
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