660 Port Washington BlvdPort Washington, NY 11050

Property Details for 660 Port Washington Blvd

Year built

1930

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.17 AC

Property size (Sq ft)

4,000 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

05-132-00-0584

APU

5132000584

Description

This exceptional value-add opportunity presents a 1-story, 8,000 square foot retail storefront complex situated on a 0.19-acre lot in the heart of Port Washington, NY. The property, built in 1930, features four units, currently 75% occupied by three tenants. Each unit boasts separate meters for water, gas, and electricity, offering efficient utility management. The building offers approximately 4,000 square feet of net rentable space, with a compelling asking price of $1,800,000 ($225 per square foot). The property benefits from rare on-site rear parking, a significant advantage in this desirable location. This fee-simple ownership opportunity is ideal for investors seeking to capitalize on the strong retail market in Port Washington. The property's Class B designation and multi-tenant occupancy provide a stable income stream with potential for future value appreciation through lease renegotiation or property improvements. The address is 660-670 Port Washington Blvd, Port Washington, NY 11050, within Nassau County. No tenant credit rating is available.

• CAP approach

  CAP return

  Valuation

  6%

  $820,036

  6.5%

  $756,956

  7%

  $702,888

• Comparable approach

  Method

  Valuation

  Relative Method

  $810,092

  Geo Method

  $810,092

• Alternative Use

  Use

  Valuation

  Residential

  $756,956

  Hospitality

  $693,368

  Educational

  $576,874

  Medical

  $596,714

  Retail

  $897,360

Location Insight

City

Port Washington

County

Nassau

State

New York

Latitude

40.8258

Longitude

-73.6832

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.