Project Description

For Sale: Marina & Retail Building in Lindenhurst, NY

541 W Montauk Hwy, Lindenhurst, NY 11757

Executive Summary:

Price: $3,490,000
Building Size: 5,00SF
Property Type: Marina
Lot Size: 0.42 Acres
Year Built:
Price PSF: $698
NOI:
Location: 541 W Montauk Hwy
Lindenhurst, NY 11757

Property Highlights

  • Marina With 30 Boat Slips That Rent for $60 a Foot
  • Storage For 42 Boats With Pending Application For 20 More
  • Great Location Near the ‘East West Channel’ of Long Island
  • Surrounded by Other Neighborhood Retail Properties Including Marine Supply Stores,Boat Dealers and More
  • Sits on a Signalized Intersection on The Busy Montauk Highway

Property Overview

American Investment Properties is exclusively retained to sell 541 Montauk Highway in Lindenhurst, New York. At 541 W Montauk Hwy is a marina currently occupied by Kehl’s Family Boating Center. This is a successful location for a marina, this marina achieved $4,000,000 in gross sales in 2020.

541 W Montauk Hwy features 30 boat slips that are rented for $60 a foot, with the average boat size being 24 feet. There is boat storage for 42 boats with a pending application for 20 more.

The property is complimented by the strong traffic counts on the busy Montauk Highway. Over 24,000 vehicles drive past per day and it’s visibility is strong due to being on the corner of a signalized intersection.

This is a strong investment opportunity for marine use.

About Lindenhurst, NY

Lindenhurst is a village located in Suffolk County, on the South Shore of Long Island, New York. It is within the Town of Babylon. Lindenhurst is on the Great South Bay and is both North and South of Sunrise Highway (Route 27).

It is the 4th largest village in New York State. It is also larger than 39 of the 62 cities in New York State. The Village of Lindenhurst Village Board of Trustees is comprised of five elected officials, the Mayor and four Trustees.

Life in Lindenhurst is modern and convenient for the entire family. It is easy to commute to the mainland and life in the village is pleasant. Children can look forward to a high quality of life and advanced educational facilities. The local administration is well organized and the value of real estate is likely to appreciate with time. Lindenhurst is excellently located in an area rich with all kinds of cuisine and bars. It is most convenient to drive short distances for evening entertainment and relaxation.

Notable people living in the area include Pat Benatar (singer), Hal Hartley (indie film icon director), Jack Barry (game show host), and Dan Lauria (actor).

Contact Broker

Daniel Giannini
Sales Associate

daniel@aiprops.com
(O) 516.393.2300
(F) 516.390.5780

Ron Koenigsberg - Commercial Real Estate BrokerRon Koenigsberg, CCIM
President
Ron@aiprops.com
(O) 516.393.2300
(F) 516.390.5780

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