Man dies trying to recover boat in Sydney

A man has died while trying to recover a boat at Exile Bay in Sydney's inner west.

Police were called to the bay at Concord just before 9am on Tuesday on reports a man had disappeared underwater.

At about 4.30pm police divers located a body in the bay believed to be that of the 50-year-old missing man, NSW Police said in a statement.

A brief will be prepared for the coroner.