660 Port Washington Blvd Port Washington, NY 11050
- Investment properties
- 4,000 SF
- 0.17 lot acres
Current Use by Public Records
- Florals - Wild Plandome / Florist
- Florals - Wild / Flower Designer
Property Details for 660 Port Washington Blvd
- Year built
- 1930
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.17 lot acres
- Property size
- 4,000 SF
- Property type
- Investment properties
- Property subtype
- Retail residential 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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Port Washington
- County
- Nassau
- State
- New York
- Longitude
- -73.6832
- Latitude
- 40.8258
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
