104 Harbor RdPort Washington, NY 11050

For Sale
$799,000

Prime waterfront location, high cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional two-story executive office building, located at 104 Harbor Rd in the charming waterfront village of Port Washington, NY (11050), presents a unique investment opportunity. Boasting 1,980 square feet of total space and 1,800 square feet of net rentable area, this pristine property is delivered vacant and ready for immediate occupancy. Built in 2010 by the owner/contractor, the building features steel construction with insulated masonry panels, ensuring both durability and energy efficiency. The interior is bright and airy, with abundant natural light and windows. The layout includes executive offices, training rooms, and a staff lounge with pantry. The property's HVAC system is powered by natural gas. Its convenient location offers easy access to the Port Washington LIRR line, providing a quick commute to both Grand Central and Penn Station in NYC (5-minute drive or 10-minute walk). Nearby amenities include a variety of restaurants and shopping options. The property is in excellent condition, with no violations and all systems up to code. The 2023 general property tax bill totaled $10,022, while the 2022-2023 school tax bill was $8,096, for a combined total of $18,118. This property offers a compelling 7.90% cap rate, making it an ideal investment for both users and investors seeking a high-return asset in a desirable location.

Highlights

  • Immaculate condition.
  • Delivered vacant.
  • Excellent opportunity for owner-occupants or investors.
  • Prime waterfront location in Port Washington, NY.
  • Abundant natural light.
  • Features executive offices, training rooms, and staff lounge with pantry.

Property Details for 104 Harbor Rd

Property type
Other office properties, Office properties
Square Feet
1,980 SF
Stories
2

Location Insight

City
Port Washington
County
Nassau
State
New York
Latitude
40.8424584
Longitude
-73.6938652
104 Harbor Rd, Port Washington, New York

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104 Harbor Rd
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