South-Facing Duplex with
48 Orchard Beach Boulevard Port Washington, NY 11050
48 Orchard Beach Boulevard, Port Washington, NY, 11050
$1,388,000
For Sale
$1,388,000
South-facing duplex with dual balconies, crescent windows, solar panels, and parking for four cars.
Property Size2,602 SF
Price / SF$533.44
Days on Market10
Property Features for 48 Orchard Beach Boulevard
General Information
- Standard status
- Active
- Size
- 2,602 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1928
Listing agency
Keystone Realty USA Corp
(631) 261-2800
Listed by
Lisa Tai
(631) 261-2800
Source
Compass
Added: Jul 13 Updated: Jul 21 at 3:39PM Checked: Jul 21 at 3:39PM
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 modern, uniquely designed south-facing duplex features crescent windows and a balcony. The main level includes two large bedrooms, a wood-burning fireplace, large living and dining rooms, a walk-in shower in the main bathroom, and a half bath for guests. Additional highlights include a brick patio, washer/dryer, and built-in glass kitchen cabinets.
The upper level offers one large and one medium bedroom that can accommodate a queen bed and desk, along with a balcony with large walk-out windows. There is shared storage in a waterproofed basement with a separate entrance from outside, plus an additional bath described as “French drained” and another extra bath.
The property is supported by special energy features including solar panels intended to provide free electricity for 6 to 8 months, and there is an EV charger in the back. Updates noted include a new roof and stucco from about one year ago and a new hot water boiler from 2021 (26). Parking fits two cars in each driveway (front and back). Manorhaven Beach Park is listed as less than a 3-minute walk, with amenities including gazebos, an outdoor swimming pool, a fenced playground, volleyball and tennis courts, and a skateboard playground.
The upper level offers one large and one medium bedroom that can accommodate a queen bed and desk, along with a balcony with large walk-out windows. There is shared storage in a waterproofed basement with a separate entrance from outside, plus an additional bath described as “French drained” and another extra bath.
The property is supported by special energy features including solar panels intended to provide free electricity for 6 to 8 months, and there is an EV charger in the back. Updates noted include a new roof and stucco from about one year ago and a new hot water boiler from 2021 (26). Parking fits two cars in each driveway (front and back). Manorhaven Beach Park is listed as less than a 3-minute walk, with amenities including gazebos, an outdoor swimming pool, a fenced playground, volleyball and tennis courts, and a skateboard playground.
Key Highlights
- South‑facing duplex with dual balconies, crescent windows, and an outdoor/brick patio
- Beachfront living with beach access, beach front, ocean access, and water access
- Solar panels provide 6–8 months of free electricity, plus an EV charger in back
Local 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
NOI $49,571 @ 7.0% cap · market cap 3.57%
Second Best
Apartment 5plus
$663.0K
$580.2K – $773.6K
NOI $46,413 @ 7.0% cap · market cap 3.34%
Theoretical Best
Specialty Retail
$1.72M
$1.51M – $2.01M
NOI $120,427 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - South-facing duplex with dual balconies, crescent windows, solar panels, and parking for four cars.
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 $1,388,000.
What are key features of this property?
This property features: South‑facing duplex with dual balconies, crescent windows, and an outdoor/brick patio; Beachfront living with beach access, beach front, ocean access, and water access; Solar panels provide 6–8 months of free electricity, plus an EV charger in back
