The New York City houseboat is such a wonderful, magical idea. On paper. In reality it's probably a floating money pit that will eventually be destroyed by rising tides or a hurricane. But if you're willing to take a risk and sink some money into a houseboat within the five boroughs, this one is a good one.

This dream home—a 2007 Custom Flo-Lodge—is a mere $59,000 (although that doesn't include any fees involved with owning a houseboat), and the seller notes it's equipped to handle all four seasons. It has spent the last year at Marina 59 In Far Rockaway, Queens, where it remains now.

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The floating home is located in the Averne section of Far Rockaway, which was originally more of a resort area, featuring grand hotels, a theater, and summer bungalows, as well as a "grandiose plan for a canal running through the neighborhood," which never came to be. [via Reddit]