Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    94 Main St Port Washington, NY 11050-2821

    • Apartment buildings
    • 2,208 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimations
    $1,200,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-5811166
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hunold Pharmacy / Pharmacy
    • Ira Silverman / Pharmacy

    Property Details for 94 Main St

    Year built
    1937
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.05 lot acres
    Property size
    2,208 SF
    Property type
    Apartment buildings
    APN
    05-082-00-0223
    APU
    5082000223

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Port Washington
    County
    Nassau
    State
    New York
    Longitude
    -73.6891
    Latitude
    40.8303
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $38,398
    $688
    $7,905
    $8,593
    -
    $0.00
    $0.00
    $859,300

    Comparable in this City

    • Value Estimation
      $1,250,000
      756 SF

      54 Sintsink E Dr

      APARTMENT HOUSE (5+ UNITS) • 756 SF
      54 Sintsink E Dr, Port Washington, NY 11050-2060
      View Details
    • Value Estimation
      $2,375,000
      1,435 SF

      Soundview Dr

      APARTMENT HOUSE (5+ UNITS) • 1,435 SF
      Soundview Dr, Port Washington, NY 11050
      View Details
    • Value Estimation
      $1,815,000
      2,484 SF

      45 Shr Rd

      APARTMENT HOUSE (5+ UNITS) • 2,484 SF
      45 Shr Rd, Port Washington, NY 11050-2280
      View Details
    • Value Estimation
      $1,810,000
      1,092 SF

      42 Sintsink E Dr

      APARTMENT HOUSE (5+ UNITS) • 1,092 SF
      42 Sintsink E Dr, Port Washington, NY 11050-2058
      View Details
    • Value Estimation
      $2,865,000
      3,525 SF

      55-57 Main St

      APARTMENT HOUSE (5+ UNITS) • 3,525 SF
      55-57 Main St, Port Washington, NY 11050
      View Details
    • Value Estimation
      $1,295,000
      3,170 SF

      24 Manhasset Ave

      APARTMENT HOUSE (5+ UNITS) • 3,170 SF
      24 Manhasset Ave, Port Washington, NY 11050-2063
      View Details

    Similar Nearby for Sale

    • $849,000

      Luxury Condo in 55+ Community

      Upscale 2-bedroom condo with luxurious amenities in Port Washington.
      100 Harbor View Dr, Port Washington, NY 11050
      View Details
    • $359,000

      Port Washington Apartment For Sale

      Apartment in Port Washington available for purchase.
      1 Toms Point Ln, Port Washington, NY 11050
      View Details
    • $3,500,000
      6,000 SF

      Mixed-Use Building with Retail

      Renovated mixed-use property with retail and apartments, parking available.
      118-120 Shore Rd, Port Washington, NY 11050
      View Details
    • $525,000

      Main Street Apartment with Terrace

      Two-bedroom apartment with private terrace, convenient location.
      125 Main St, Port Washington, NY 11050
      View Details
    • $349,900

      Updated Co-op in Madison Park

      Spacious first-floor co-op with updated kitchen and hardwood floors.
      38L Madison Park Gdns, Port Washington, NY 11050
      View Details
    • $1,999,000
      3,394 SF

      New Colonial Duplex in Port

      New construction colonial duplex with rental potential in Port Washington.
      59 Edgewood Rd, Port Washington, NY 11050
      View Details

    Similar Nearby for Lease

    • $3,600 /Mo
      750 SF

      Renovated One-Bedroom Apartment For Rent

      Mint condition, renovated one-bedroom apartment near Main Street and LIRR.
      6-8 Jefferson St, Port Washington, NY 11050
      View Details
    • $3,400 /Mo

      Renovated Apartment in Manorhaven

      Newly renovated 2-bedroom apartment in Port Washington's Manorhaven.
      1 Pequot Ave, Port Washington, NY 11050
      View Details
    • $2,800 /Mo

      Port Washington Oversized One Bedroom

      One bedroom apartment with private entrance, deck, and parking.
      2 Dunes Ln, Port Washington, NY 11050
      View Details
    • $4,475 /Mo

      Renovated Duplex with Modern Amenities

      Recently renovated duplex featuring modern amenities and convenient location.
      16 Oldwood Rd, Port Washington, NY 11050
      View Details
    • $3,400 /Mo

      Manhasset Isle Two-Bedroom Unit

      Second-floor unit with new kitchen, bath, and appliances.
      39 Yennicock Ave, Port Washington, NY 11050
      View Details
    • Contact for pricing
      32,550 SF

      Prime Port Washington Office Space

      Spacious Offices, Excellent Location, Nassau County
      2 Seaview Blvd, Port Washington, NY 11050
      View Details

    Property Visit Statistics

    • Visits by month
      12.8k
    • Visitors by month
      7.9k
    • Avg Time on site
      20 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    94 Main St
    Port Washington, NY 11050-2821
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.