For Sale
$1,800,000

660 Port Washington BlvdPort Washington, NY 11050

Prime location, high-growth potential.

Overview

Added:
Dec 11, 2024
Days on market:
118
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.

Highlights

  • 0.19-acre lot with approx. 8,000 SF total building area (ground floor & basement).
  • Four storefront spaces, one currently vacant.
  • Separate utility meters for each unit (water, gas, electric).
  • Rare rear parking available on-site.

Property Details for 660 Port Washington Blvd

Property type
Retail properties, Retail space
Square Feet
8,000 SF
Class
B
Year Built
1930
Buildings
1
Stories
1
Lot Size (sq. ft)
8,276 SF
Units
4

Location Insight

City
Port Washington
County
Nassau
State
New York
Latitude
40.825759642578
Longitude
-73.68292732067
660 Port Washington Blvd, Port Washington, New York

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660 Port Washington Blvd
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