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South-Facing Duplex with Balcony
For Sale
$1,450,000

48 Orchard Beach Boulevard, Port Washington, NY 11050

Four-bedroom residence with two driveways, solar panels, EV charging, and shared basement storage.

Property Size2,602 SF
Days on Market23

Property Features for 48 Orchard Beach Boulevard

General Information

Standard status Active
Size 2,602 SF
Total Parking Spaces 4
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $13,752

Amenities

wood burning fireplace
balcony
brick patio
washer/dryer
built-in glass kitchen cabinets
solar panels
EV charger
shared storage

Building Details

Building Size 2,602 SF
Year Built 1928
Listing Agency: Keystone Realty USA Corp
Listed By: Lisa Tai
Source: Cottiemaxwellrealestate
Added: Jul 13 Changed: Aug 4 Last Checked: Aug 4 at 5:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keystone Realty USA Corp

Investment Insights

Based on property information with market context.

This South-facing duplex in Port Washington combines a four-bedroom layout with distinctive residential features. The main level includes two bedrooms, a living room, dining room, wood-burning fireplace, full bathroom with walk-in shower, guest half bath, and a kitchen with built-in glass cabinetry. The upper level adds two bedrooms and access to a balcony through oversized windows. A brick patio, washer and dryer, and exterior basement entrance are also included.

The property offers two driveways, each accommodating two cars, along with shared waterproofed basement storage and an additional bathroom. Solar panels are designed to provide electricity for 6–8 months, and an EV charger is located at the rear. A new roof and stucco complement the property’s modern design. Manorhaven Beach Park is less than a 3-minute walk away and includes a pool, playground, volleyball and tennis courts, gazebos, and a skateboard area.

Key Highlights

  • Four‑bedroom duplex with two bedrooms on each level
  • South‑facing design with crescent windows and a private balcony
  • Two driveways accommodate two cars each

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $74.9k $28.80
− Vacancy −$4.1k −$1.58
EGI $70.8k $27.22
− OpEx −$21.2k −$8.16
NOI $49.6k $19.05
2,602 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$708.2K
$619.6K – $826.2K (±1% cap)
NOI $49,571 @ 7.0% cap · market cap 3.42%
Second Best
Apartment 5plus
$663.0K
$580.2K – $773.6K (±1% cap)
NOI $46,413 @ 7.0% cap · market cap 3.20%
Theoretical Best
Specialty Retail
$1.72M
$1.51M – $2.01M (±1% cap)
NOI $120,427 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Skin Care Clinic Auto Parts Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby

Demographics for 11050, NY

31,512
Population
12,329
Households
2.6
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
10.1 sq mi
ZIP Area
3,120
Density / Sq Mi
$153,819
Median Household Income
$78,132
Median Earnings
$2,454
Median Rent
$990,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Four-bedroom residence with two driveways, solar panels, EV charging, and shared basement storage.
Where is this duplex located?
The property is located at 48 Orchard Beach Boulevard Port Washington, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Four‑bedroom duplex with two bedrooms on each level; South‑facing design with crescent windows and a private balcony; Two driveways accommodate two cars each
More about this property
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