NYC Floating Escape — A Fully Rebuilt Houseboat with Waterfront Living at $125,000

Price: $125,000
Listed on: Zillow
Location: 360 Beach 59th #A2, Arverne, NY 11692

Floating at Marina 59 on the Rockaway waterfront, this 700 sqft houseboat offers something the New York real estate market rarely delivers — a fully rebuilt home with water views, beach access, and a price tag under $130,000.The Margolies Houseboat has been through a transformation that few properties at this price point can claim. Nearly 1,100 documented hours of skilled work were invested between 2025 and 2026, covering hull reconstruction with modern composite materials, rebuilt decks, new gelcoat finishes, upgraded electrical systems, and multiple new bilge pumps. The result is a floating home that lives like new while carrying the character of an established waterfront community.

Inside, the layout spreads across two levels with a kitchen and living area on the main deck, a full bathroom, and a flexible second bedroom. The upper deck holds the primary bedroom alongside an outdoor space that opens directly to open water views. A pellet stove adds warmth and charm, while wood flooring runs throughout. The sitting area next to the study can easily convert into additional sleeping space when needed.

Marina 59 welcomes full-time residents, meaning this is a legitimate year-round home — not a seasonal retreat. The A train stop sits just one block away, putting Midtown Manhattan within easy reach. The $1,100 monthly marina fee covers utilities, parking, and full marina access. The seller is also open to financing arrangements for the right buyer.

Listed by: Naruetai Tongsomboon, RE/MAX Elite
Source: OneKey® MLS