# Steel Pier List for $85M Atlantic Ocean Ownership

> Atlantic City’s Steel Pier sells for $85 million, offering rare oceanfront amusement park ownership with potential for massive expansion.
- Title: Steel Pier List for $85M Atlantic Ocean Ownership | Shortify
- Summary: Atlantic City’s Steel Pier sells for $85 million, offering rare oceanfront amusement park ownership with potential for massive expansion. The Steel Pier’s…
- Keywords: steel pier, atlantic city, hard rock hotel, nfl, real estate, amusement park, condo hotel, atlantic ocean, news, entertainment, Steel, Pier
- Source: New York Post — https://nypost.com/2026/09/16/real-estate/atlantic-citys-steel-pier-lists-for-85m
- Published: 2026-09-16T15:52:05+00:00
- Read time: 1 min
- Topics: steel pier, atlantic city, hard rock hotel, nfl, real estate, amusement park, condo hotel, atlantic ocean, news, entertainment
## Steel Pier Listing
Atlantic City’s Steel Pier is listed for $85 million, offering ownership of an operating amusement park and a piece of the Atlantic Ocean.

> How often does someone get to own a piece of the ocean? That’s exactly what this offers.
## Historic Landmark
Built in 1897 and opened in 1898, Steel Pier was once called the 'Showplace of the Nation' and has appeared in films and TV shows.
## Family Transition
The Catanoso family sold the pier after 15 years of ownership, ending their decades-long run with the attraction.

> The next generation is pursuing other passions.
## Development Potential
The pier’s 150-foot width and 965-foot length can expand to 2,850 feet into the Atlantic Ocean with existing rights.
## Future Plans
Serhant envisions a luxury condo-hotel complex on the pier, leveraging its oceanfront location for high-end hospitality.

> Executing on a condo-hotel plan would probably be my first plan.
## Market Context
Atlantic City’s new residential and hospitality projects, including those from Kushner Companies, highlight the area’s growing appeal.
## Key takeaway

The Steel Pier’s sale provides a unique chance to own a piece of the Atlantic Ocean and develop it into a luxury hospitality project.