19 Harbor Park DrPort Washington, NY 11050

Property Details for 19 Harbor Park Dr

Year built

1982

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

4.19 AC

Property size (Sq ft)

50,400 SF

Property type

Distribution centers

APN

06-086-00-0012

APU

6086000012

Description

This exceptional single-tenant industrial warehouse, located at 19 Harbor Park Drive in Port Washington, NY, offers 62,617 square feet of space. Situated on a 4.18-acre lot within Nassau County's premier industrial park, this property boasts a prime location, approximately 6.5 miles from the New York City border. Built in 1982, the one-story building features a 22-foot ceiling height, providing ample vertical space for storage and operations. The property includes six loading docks and one dock-high door, ensuring efficient loading and unloading capabilities. The permitted zoning is PIP. The building is currently available for occupancy beginning January 1st, 2025. High-end office furniture and excellent condition pallet racking are available for immediate use. Further enhancing its functionality, the property includes a backup generator and energy-efficient LED lighting. This is a rare opportunity to acquire a pristine, well-maintained corporate headquarters-quality industrial building in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $18,592,400

  6.5%

  $17,162,200

  7%

  $15,936,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,536,400

  Geo Method

  $10,536,400

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $8,800,680

  Mixed-Use / Specialty

  $8,769,300

  Hospitality / Lodging

  $6,433,760

  Office

  $8,717,210

  Institutional / Educational

  $9,116,540

  Residential Income

  $10,666,400

  Multifamily

  $12,792,700

  Automotive / Energy

  $7,814,180

  Parking / Income-Based Land

  $2,696,580

  Restaurant / Food Service

  $4,560,980

  Healthcare / Senior Housing

  $8,992,760

Location Insight

City

Port Washington

County

Nassau

State

New York

Latitude

40.8116

Longitude

-73.6617

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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