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268 City Island Avenue

Bronx, NY 10464
  • $999,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 1014627
Price Reduced
UPDATED: 77 min ago
$999,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1932
County:
Area:

School Ratings & Info

School District:

Description

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.

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© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2026-10-14T11:19:32.88.
www.nicoleburkehomes.com/homes/181649052
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268 City Island Avenue Bronx, NY 10464

  • Price: $999,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 77 min ago
  • MLS #: 1014627
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1932
Built
Neighborhood:
New York
County:
Bronx
Area:
New York
School District:
Contact Agent
Property Description
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.
Exterior Features

Construction Materials Brick Direction Faces West Fencing Chain Link Parking Features On Street Property Attached YN Yes Road Responsibility Public Maintained Road Stories Total 3 View Water Waterfront YN No

Interior Features

Appliances OtherOvenRefrigeratorGas Water Heater Basement Details FullSee RemarksStorage SpaceUnfinished Basement YN Yes Common Walls 1 Common Wall Cooling Wall/Window Unit(s) Electric 200+ Amp Service Elevator YN No Entry Level 1 Security Features Video Cameras

Property Features

Building Area Total 3264 Building Features BathroomsOtherSignage IncludedStorageWalk Up Business Name Buddy's Hardware & Marine Business Type ElectronicsHobbyIndustrialMixedOtherProfessional ServiceRetailUtilityVariety Description Of Business Buddy's Hardware & Marine Electric Company Con-Edison Exclusions Computers/ServersPersonal Property Gross Income 175000 Heating Natural Gas Inclusions All InventoryAll Key Coping EquipmentFixturesRetail Display Fixtures Listing Terms CashLease OptionLease PurchaseOtherSeller Financing Lot Size Area 2250 Number Of Residential Units 2 Operating Expense 20037 Other Equipment Other Other Structures Shed(s) Permitted Uses BusinessOfficeOther/See RemarksResidentialRetail Property Sub Type Mixed Use Road Frontage Type See Remarks Sewer Public Sewer Special Listing Conditions None Sprinkler System YN No Tax Annual Amount 6236.6 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Access YN Yes Water Source Public Zoning R3A

Listing courtesy of Alissa M. Shimansky of Today Realty Corp.: 718-597-1777
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2026-10-14T11:19:32.88.
 
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