Prime Marina Opportunity For Sale
$5,200,000
622 Jersey Avenue, Greenwood Lake, NY 10925
For Sale
Special Purpose
Marina
Active
Last Updated: 07/30/2026
12.64
Cap Rate
655,590
NOI
Details:
Cap Rate: 12.64%
NOI: $655,590
Building Size: 9,030 sqft
Lot Area: 2 acres
Year Built: 1890
Zoning: RC - Resort Commercial
Highlights:
- Significant In-Place Cash Flow: Generating $674,790 NOI at a 12.84% cap rate
- High Barriers to Entry: Due to geographic constraints and restrictive zoning, limiting competitive commercial supply
- Capital Improvements: Renovated in 2022 with a new boat launch ramp, repaved road, and two new septic tanks
Description:
KSR has been exclusively retained to represent 622 Jersey Avenue in Greenwood Lake, NY — a premier specialty waterfront marina strategically positioned on a 2.00-acre Resort Commercial (RC) parcel.
The asset features a 9,030-square-foot, two-story building and accommodates 217 total slips — 182 wooden boat slips and 35 jet ski slips — generating significant in-place cash flow across eight distinct revenue streams, including marina slips, storage, and rental units. Comprehensive site infrastructure includes a dedicated gas dock and a newly installed boat launch ramp.
Documents:
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622_Jersey_Avenue.pdf
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Location
Gallery
