268 City Island Avenue, New York, NY, 10464
$1,100,000
activeLot Size
2,250 sqft
Year Built
1932
Stories
3
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Legacy Marine Business & Mixed-Use Real Estate Investment Historic City Island, Bronx, New York A rare opportunity to acquire a long-established marine hardware business together with the underlying mixed-use real estate in the heart of City Island, one of New York City’s most distinctive and historically maritime communities. Established in the 1960s, this longstanding marine hardware store has served generations of boat owners, captains, yacht owners, marine professionals, and City Island’s boating community. The business represents more than a retail operation—it is an established local institution with decades of history, customer relationships, goodwill, and a deep connection to the island’s nautical identity. The offering includes both the operating business and the building, creating an opportunity to acquire an established commercial enterprise while simultaneously owning the underlying real estate. Adding further value are two residential apartments located above the commercial space, providing the potential for additional rental income and diversification within the property. The combination of an established marine business, commercial real estate, and residential income makes this an unusually compelling mixed-use investment opportunity.
Listed by Alissa M. Shimansky, Today Realty Corp.
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