South-Facing Duplex with
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 Market115
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
(631) 486-1126
Source:
Cottiemaxwellrealestate
Added: Jul 13
Changed: Oct 31
Last Checked: Nov 3 at 3:03PM
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
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$49,571
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$991,420
$991.4K
Cap Rate 7%
$708,157
$708.2K
Cap Rate 9%
$550,789
$550.8K
Market Conditions
NOI Build-Up for 2,602 SF
Gross rent
$74.9K $28.80/SF
− Vacancy
−$4.1K −$1.58/SF
EGI
$70.8K $27.22/SF
− OpEx
−$21.2K −$8.16/SF
NOI
$49.6K $19.05/SF
Area
Nassau County, NY
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$991,420
Cap Rate 7%
$708,157
Cap Rate 9%
$550,789
Alternative Uses
Best Use
Multifamily LT 5
$708.2K
$619.6K – $826.2K
NOI $49,571 @ 7.0% cap · market cap 3.42%
Second Best
Apartment 5plus
$663.0K
$580.2K – $773.6K
NOI $46,413 @ 7.0% cap · market cap 3.20%
Theoretical Best
Specialty Retail
$1.72M
$1.51M – $2.01M
NOI $120,427 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
244
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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
