Property profile

140 Dock Rd Marlboro, NY 12542

OFF-MARKET
Mixed-use properties
Property ID
US63-2046262
Built 1970
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Property summary

AI-generated overview

This exceptional 26.5-acre property, situated on the picturesque west bank of the Hudson River in Marlboro, NY, presents a unique investment opportunity. Currently operating as a thriving marina, it boasts 122 existing boat slips, generating substantial revenue through rentals, maintenance services, parts & supplies sales, off-season storage, fuel sales, and launch services. The property's existing infrastructure provides a solid foundation for continued profitability, with significant upside potential. The marina's capacity can be expanded by 80 to 100 additional slips. Beyond the established marina, the property includes expansive flat lands offering breathtaking river views, ideal for high-density residential or mixed-use development. This prime location also benefits from 5.8 acres of deep-water riparian rights along the shoreline, enhancing its overall value and development possibilities. The property's strategic location, existing infrastructure, and substantial undeveloped land create a compelling investment opportunity with diverse revenue streams and significant long-term growth potential. The combination of a profitable existing business and substantial development land makes this a rare find in the Hudson Valley. The asking price is $3,450,000.

Property profile

Verified
Property type Mixed-use properties
Year built 1970
UPID US63-2046262

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marina

Location

140 Dock Rd Marlboro, NY 12542
Marlboro metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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