60-62 Main St - Storefront Retail/Residential FOR SALE


Port Washington, NY 11050
$4,500,000 USD
212-430-5196
60-62 Main St, Port Washington, NY for Sale
$4,500,000 USD
Storefront Retail/Residential - FOR SALE
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null | Request Cap Rate

60-62 Main St
Port Washington, NY 11050


HIGHLIGHTS

  • Stabilized Mixed-Use Asset - The asset comprises 13 apartments, 3 ground-floor retail storefronts, and 3 rooftop cellular antenna installations.
  • Dense Infill Location - Home to more than 178,000 residents within a five-mile radius.
  • Affluent Demographic Base - The surrounding trade area boasts an average household income exceeding $182,000.
  • Proximity to Major Demand Drivers - The asset benefits from its adjacent to the Port Washington LIRR Station

OVERVIEW

Marcus?&?Millichap is pleased to present the opportunity to acquire 60-62?Main?Street (the “Subject?Property”), a mixed-use asset located in the heart of Port Washington,?NY. The property is a four-story, mixed-use property in the heart of Port Washington’s vibrant downtown corridor. The asset comprises 13 apartments, 3 ground-floor retail storefronts, and 3 rooftop cellular antenna installations providing additional income streams. The property’s stable tenancy and diversified revenue profile make it a strong performer within one of Long Island’s most desirable submarkets. The property is positioned within a highly developed, supply-constrained market—home to more than 178,000 residents within a five-mile radius. This dense population base supports consistent retail and residential demand, ensuring long-term occupancy stability and rent growth potential. The asset benefits from exceptional connectivity and proximity to key community anchors. It sits adjacent to the Port Washington LIRR Station—offering a direct 40+ minute train ride to Grand Central Station—and within walking distance of Carrie Palmer Weber Middle School (approx. 1,023 students) and Paul D. Schreiber High School (approx. 1,600 students). These institutions, along with nearby retail and residential density, create a dynamic environment supporting both daytime and evening activity.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$911 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

60-62 Main St

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

2289-05-098-00-0219-0

ASK ABOUT THIS PROPERTY

Michael TuccilloMarcus & MillichapMore Info
212-430-5196

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Michael TuccilloMarcus & MillichapMore Info
212-430-5196

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.