City Island- A Visionary Development in New York with a Marina Development opportunity in a prime desirable waterfront location with many possibilities. Development Project: 3 Acres of Land 3 Acres of Water with 120 Boat Slips Approved...
City Island- A Visionary Development in New York with a Marina Development opportunity in a prime desirable waterfront location with many possibilities. Development Project: 3 Acres of Land 3 Acres of Water with 120 Boat Slips Approved Development Plans with permits in place: 44 condos or townhouses with more than 60,000 sq. ft. Location: Very close proximity to Manhattan and easy access to Long Island, Westchester, Connecticut and New Jersey. Waterfront Development Potential offers out-of-the-box vision with versatile potential Current Marina Income: Current income from the marina is $239,200 with 80 boats, expandable to 120 boats with additional income of $120,000 . Buildable Possibilities: Strong possibilities to increase the buildable sq. footage according to proposals by mayor of the city. Magnificent water views looking at New York City skyline and bridges Presenting a dream project for a visionary developer.
Courtesy of Douglas Elliman Real Estate
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