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    FOR SALE
    Office buildings

    104 Harbor Rd, Port Washington, NY 11050

    675 SF 0.12 ac lot Built 2010
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US63-0707808
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2010
    Total area 675 SF
    Lot 0.12 ac (5,056 SF)
    APN 05-00A-00-0335
    UPID US63-0707808
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • CowBay Contracting Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    104 Harbor Realty INC · 2 yrs held
    104 Harbor Realty INC
    since 2024
    Last sale
    $410,000
    3 recorded transactions
    2024
    $410,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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