1978 Palmer Johnson New York 40 Sloop

1978 Peterson Designed / Palmer Johnson built NY 40 Sailboat One design racer/cruiser.

This sailboat is kind of unique, there are only 20, this boat is hull number #1, a Doug Peterson designed. Designed for the members of the NY yacht club for a one design racing and cruiser. It was the first sailboat they designed at that time to not only be raced but also be comfortable to cruise with family. The boat has a V- berth with filler, main salon, and walk in aft cabin with over 6' of head room. Sleeping for 6.

The boat was purchased to be cruised south in the winter, but our health has changed, and a power cruiser would better suit their needs at this time. She has been sailed from Boston, the coast of Maine, to St John, NB and offshore trip to Nova Scotia Coast up to Halifax. We have been updated and rebuilding the boat since we purchased and is very well maintained. We have completed over 60K of upgrades. The boat sails well and points high to windward where most cruising boats are unable to sail. If you’re looking of a comfortable sailboat and one that really sails well, this is a maybe the boat for you.

2017 full Condition and Value survey completed. All Items on the survey that needed attention were corrected. Here is a sample listing of improvements completed.

1. Removal of bridge deck skin and replace balsam core with form and re-fiber glassed with West systems and painted. 2018

2. Re-bedded deck mounted winch holder 2018.

3. Cleaned dirty bilges, 2018

4. 2019 completely replaced engine exhaust hoses, new muffler, and transom thru-hull stainless fitting. 2018

5. 2020 Replace cockpit drain hoses, and shut off valve 2019.

6. Hydraulic rams for back stay and boom rebuilt 2016.

7. Fall 2019 completed by marine electrician a re-work and update of 12-volt electrical system, relocated all batteries to new aft location, new Balmar high output alternator 80amp, and battery monitoring system. Along with an internal and backup external voltage regulator. Starting battery new fall 2019 and house batteries new 2018. AC 12 volt system replaced and corrected based on 2017 survey.

8. 2019 tides marine main sail slide system installed on mast and new main sail with stainless slides hardware. The main sail was damage with an oil stain so an additional new sails was built in 2020.

9. Sails, Bohndell sailmaker, new 2019, full batten, 4 reef points, extra full battened main built in 2018 storage, New 135 Genoa, new 2019 never used 100% working jib, spinnaker year unknown.

10. 2019, new pedestal handrail, and instrument pod, Garmin Radar,9” Garmin chart plotter, Garmin receiver and transmitter AIS at the Edson pedestal wheel.

11. 2019 new ZF V drive transmission installed, $4000. Original replaced due to rust and main seal leak.

12. 2019, Engine exhaust manifold replaced, new fuel injectors, and glow plug, fuel lines replace from fuel tank to engine, fuel pump replaced. Replaced all engine mounts. The Westerbeke model 27, 4 cylinder diesel was replaced and updated in 1992, the owner before me used the boat in Boston as a summer camp on the slip and the boat was almost never sailed. The engine meter indicates around 3000 hours. I averaged 100 hours run time annually. Engine runs well ,easy starting, no smoke 6.5 knots at 2600 rpm.

13. 2019, new Gory 3 blade feathering propeller with over drive feature. This prop propels the boat to cruise at 6-7 knots at 2600rpm. 3000 max rpm. 

14. 2020 new nonslip cabin soles.

15. 2017, new propeller shaft, shaft coupler and stuffing box completed by Front street shipyard Belfast; also, razor cutter on shaft.

16. 2019 CPT wheel mounted auto pilot, low electric usage, built for immersion and very powerful.

The boat is equipped with a 110V heat pump for heating and cooling and worked the last time I was at a slip in 2019. We have installed an engine buss heating for cabin heating while the engine is in use.

2024 new sail cover and cockpit cushions.

2024 new Raymarine depthsounder and windex.

2022 rudder removed and new bearing and seal installed.

2016 Lewmar windlass installed, 200’ 3 strand rope with 40’ of 5/16 chain.

2019 new Rocna 15 kg anchor 40”BBB chain and 200ft of ¾ nylon three stand, Danforth anchor 2015 and 150’ of ¾ rope and 30’ chain for backup.

2010 new Force 10 cook stove and oven.

2016 new refrigeration unit installed for icebox.

2010 all hatches replaced by prior owner.

2010 new cabin 8” cushions by prior owner.

2015 all paint removed for hull and repainted with Alexseal epoxy paint system.

2015 Deck was stripped, and repainted and non-slip sand applied. Repainted

2020. All shrouds and each turnbuckle replaced from rod rigging to wire/rope.

2019 backstay replaced from rod to wire rope.

Keel removed from boat, sand blasted, keel bolts inspected, re-faired and re attached to hull.

2020 Forestay inspected and good condition, but should be replaced at some point in the future.

Most of the cabin fixtures replaced with Led lighting. A number of new USB port installed.

2019 deck mast lights replaced with LED flood, Anchor light new LED, led running lights.

2019 New Bimini, canvas main hatch dodger replaced 7/2022.

3 bilge pumps, 2 heavy duty Jabsco, and one gusher pump, 2 manual gusher pump.

Fire extinguishers are updated yearly, Fire alarm.

Raymarine Windex system within 3 years of age.

This boat has had over 60k of updates after the initial purchase price of boat.

Potential purchasers should assume that items on the vessel at the time of viewing, but not specifically listed on this specification sheet, are not included with the sale of the yacht. These specifications are believed to be correct but cannot be guaranteed. Specifications are provided for information purposes. Data was obtained from sources believed reliable but is not guaranteed by owner or brokers. Buyer assumes responsibility to verify all speeds, consumptions, capacities and other measurements contained herein and otherwise provided, and agrees to instruct his surveyor to confirm such details prior to purchase. Vessel subject to sale, price and inventory changes, and withdrawal from market without notice. 

Mechanical Disclaimer: Engine and generator hours are as of the date of the original listing and are a representation of what the listing broker is told by the owner and/or actual reading of the engine hour meter. The broker cannot guarantee the true hours. It is the responsibility of the purchaser and/or his agent to verify engine hours, warranties implied or otherwise, and major overhauls as well as ALL other representations noted on the listing.

DISCLAIMER TO BOARD VESSEL: In the event the Buyer boards the vessel either on land or in the water without a broker or owner, the Buyer(s) agrees and understands he boards at his sole risk and liability.