166 Shore RdPort Washington, NY 11050

  • Office buildings
  • 1,323 SF
For Lease
$30/SF/YR View listing

Property Details for 166 Shore Rd

Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.09 AC
Property size (Sq ft)
1,323 SF
Property type
Office buildings
APN
04-00H-00-0029
APU
0400H000029

Description

This exceptional 1,400 square foot medical office space is ideally situated at 166 Shore Road in Port Washington, New York, zip code 11050. The property boasts a single-tenant occupancy, offering a streamlined and efficient operational environment. Its versatile design makes it suitable for a variety of medical practices. Located in the vibrant Port Washington community, this property benefits from excellent visibility and accessibility, ensuring high patient traffic and convenient access for staff. The building's strategic location provides easy access to major roadways, public transportation, and a wealth of local amenities. The property is classified as Retail, Office, and Restaurant, reflecting its adaptable nature and potential for diverse uses within the medical field. This single-tenant occupancy presents a unique opportunity for a medical professional or group seeking a well-maintained and conveniently located space to establish or expand their practice. The property's size and layout offer ample room for patient care, administrative functions, and waiting areas. With its prime location and versatile design, this medical office space represents a compelling investment opportunity in a thriving Long Island community. The property's address is 166 Shore Rd, Port Washington, NY 11050, with GPS coordinates of 40.8425201 latitude and -73.7079683 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $259,707
    6.5%
    $239,729
    7%
    $222,606
  • Comparable approach

    Method
    Valuation
    Relative Method
    $172,863
    Geo Method
    $172,863
  • Alternative Use

    Use
    Valuation
    Residential
    $297,264
    Hospitality
    $272,292
    Educational
    $226,544
    Medical
    $234,335
    Retail
    $352,402

Location Insight

City
Port Washington
County
Nassau
State
New York
Latitude
40.8425
Longitude
-73.7079
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
$6,969
$1,120
$285
$1,405
-
-
-
$140,500

FAQs

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