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Property profile & analytics
FOR SALE
Office buildings

166 Shore Rd Port Washington, NY 11050

1,323 SF 0.09 ac lot Built 1951
Entity Owned 4-yr Hold Free & Clear
Property ID
US63-6150897
Property summary
AI-generated overview

This exceptional 1,400 square foot medical office space is ideally situated at 166 Shore Road in Port Washington, New York, zip code 11050. The property boasts a single-tenant occupancy, offering a streamlined and efficient operational environment. Its versatile design makes it suitable for a variety of medical practices. Located in the vibrant Port Washington community, this property benefits from excellent visibility and accessibility, ensuring high patient traffic and convenient access for staff. The building's strategic location provides easy access to major roadways, public transportation, and a wealth of local amenities. The property is classified as Retail, Office, and Restaurant, reflecting its adaptable nature and potential for diverse uses within the medical field. This single-tenant occupancy presents a unique opportunity for a medical professional or group seeking a well-maintained and conveniently located space to establish or expand their practice. The property's size and layout offer ample room for patient care, administrative functions, and waiting areas. With its prime location and versatile design, this medical office space represents a compelling investment opportunity in a thriving Long Island community. The property's address is 166 Shore Rd, Port Washington, NY 11050, with GPS coordinates of 40.8425201 latitude and -73.7079683 longitude.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 1951
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,323 SF
Lot 0.09 ac (4,000 SF)
APN 04-00H-00-0029
UPID US63-6150897
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$375k
Comparable Approach Comparable
$486k
Blend (final) Blend
$520k
Owner & transaction history
Mf 300-04 East 81st LLC · 4 yrs held
Mf 300-04 East 81st LLC
since 2021
Last sale
$525,000
4 recorded transactions
2024
Price N/A
2021
$525,000
2007
$425,000
1998
$142,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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