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Waterfront Development Site with Marina
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521 City Island Ave, Bronx, NY 10464

Waterfront land and water acreage with approved plans, marina slips, and current income potential for expansion.

Lot Size3.00 Acres
Days on Market442

Property Features for 521 City Island Ave

General Information

Standard status Active
Lot size 3.00 Acres
Property subtype LAND
Listing Agency: Ariel Property Advisors
Listed By: Daniel Mahfar · License #401085153
Source: Moodyscre
Added: May 15, 2025 Changed: Jul 26 Last Checked: Jul 30 at 12:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ariel Property Advisors

Investment Insights

Based on property information with market context.

This waterfront development site includes 3 acres of land and 3 acres of water, with approved development plans and permits in place for up to 44 condos or townhouses exceeding 60,000 sq. ft. The marina component is supported by 120 boat slips, and the site offers New York City skyline and bridge views.

Current marina income is $239,200 based on 80 boats, with the ability to expand to 120 boats for additional income of $120,000. The location is very close to Manhattan and offers easy access to Long Island, Westchester, Connecticut, and New Jersey.

The seller notes strong buildable possibilities to increase the buildable square footage, based on proposals referenced by the city mayor.

Key Highlights

  • 3 acres of land plus 3 acres of water with 120 boat slips for waterfront development
  • Approved development plans and permits for 44 condos or townhouses totaling more than 60,000 sq. ft.
  • Current marina income of $239,200 from 80 boats, with potential to expand to 120 boats

Property Analytics

Current Use

Professional Contracting Inc Construction Company

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Auto Repair Shop Law Firm Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

367
Businesses Nearby

Demographics for 10464, NY

4,592
Population
2,255
Households
2
Avg Household Size
50
Median Age
46%
College-Educated
94%
High-School Grad
3.1 sq mi
ZIP Area
1,481
Density / Sq Mi
$100,306
Median Household Income
$70,148
Median Earnings
$1,993
Median Rent
$667,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Marina - Waterfront land and water acreage with approved plans, marina slips, and current income potential for expansion.
Where is this marina located?
The property is located at 521 City Island Ave Bronx, NY.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: 3 acres of land plus 3 acres of water with 120 boat slips for waterfront development; Approved development plans and permits for 44 condos or townhouses totaling more than 60,000 sq. ft.; Current marina income of $239,200 from 80 boats, with potential to expand to 120 boats
(212) 544-9500 Call to check price and availability
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