Waterfront Living in NYC — Beautifully Rebuilt Houseboat for $125,000

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

Floating at Marina 59 along the Rockaway waterfront, this unique 700-square-foot houseboat offers a rare opportunity to enjoy waterfront living in New York without the sky-high price tag. With beautiful water views, easy beach access, and a price under $130,000, it delivers a lifestyle that’s becoming increasingly difficult to find in the city.

Extensively rebuilt between 2025 and 2026, the Margolies Houseboat has undergone an impressive transformation. More than 1,100 documented hours of craftsmanship went into upgrading the vessel, including hull reconstruction using modern composite materials, rebuilt decks, fresh gelcoat finishes, updated electrical systems, and multiple new bilge pumps. The result is a move-in-ready floating home that combines modern reliability with the charm and character of a vibrant 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