Property profile

679 Prt Washington Blvd Port Washington, NY 11050

OFF-MARKET
Auto shops
Property ID
US63-2992029
1,259 SF 0.16 ac lot Built 1933
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,403-square-foot retail property, situated on a prominent corner lot at 679 Port Washington Boulevard, Port Washington, NY 11050, presents a unique investment opportunity. Built in 1933, this single-story building sits on a 6,500-square-foot lot and offers ample parking with six spaces. The property is zoned Business A by the Town of North Hempstead, within Nassau County. Ideal for a variety of uses, including food service, medical practices, or dry retail establishments, this location benefits from high traffic volume on Port Washington Boulevard and its intersection with Park Avenue. The property's single-tenant occupancy provides ease of management. The building's 1,403 square feet offer a versatile layout adaptable to various business needs. While automotive uses are prohibited, the zoning allows for a range of compatible businesses. Annual property taxes are $17.35 per square foot. This prime location and flexible zoning make this a compelling opportunity for discerning investors seeking a high-visibility retail space in a thriving community.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1933
Construction FRAME
Total area 1,259 SF
Lot 0.16 ac (6,800 SF)
APN 06-002-00-0277
UPID US63-2992029

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

679 Prt Washington Blvd Port Washington, NY 11050-3733
Port Washington metro Census 301400 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.41M
Blend (final) Blend
$1.30M

Owner & transaction history

since 2024
Last sale
$1.3M
2 recorded transactions
2024
$1.3M
2009
$915,000

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $1.1M +33.5%
Office building $890,000 +7.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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