104 Harbor Rd, Port Washington, NY 11050
For Sale
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This exceptional two-story executive office building, located at 104 Harbor Rd in the charming waterfront village of Port Washington, NY (11050), presents a unique investment opportunity. Boasting 1,980 square feet of total space and 1,800 square feet of net rentable area, this pristine property is delivered vacant and ready for immediate occupancy. Built in 2010 by the owner/contractor, the building features steel construction with insulated masonry panels, ensuring both durability and energy efficiency. The interior is bright and airy, with abundant natural light and windows. The layout includes executive offices, training rooms, and a staff lounge with pantry. The property's HVAC system is powered by natural gas. Its convenient location offers easy access to the Port Washington LIRR line, providing a quick commute to both Grand Central and Penn Station in NYC (5-minute drive or 10-minute walk). Nearby amenities include a variety of restaurants and shopping options. The property is in excellent condition, with no violations and all systems up to code. The 2023 general property tax bill totaled $10,022, while the 2022-2023 school tax bill was $8,096, for a combined total of $18,118. This property offers a compelling 7.90% cap rate, making it an ideal investment for both users and investors seeking a high-return asset in a desirable location.
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CowBay Contracting Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.