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60-62 Main St 60-62 Main St 13,902 SF 100% Leased Retail Building Port Washington, NY 11050 $4,500,000 ($323.69/SF)

Investment Highlights
- Stabilized Mixed-Use Asset - The asset comprises 13 apartments, 3 ground-floor retail storefronts, and 3 rooftop cellular antenna installations.
- Affluent Demographic Base - The surrounding trade area boasts an average household income exceeding $182,000.
- Dense Infill Location - Home to more than 178,000 residents within a five-mile radius.
- Proximity to Major Demand Drivers - The asset benefits from its adjacent to the Port Washington LIRR Station
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
13,902 SF
Building Class
C
Year Built
1924
Price
$4,500,000
Price Per SF
$323.69
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.28
Lot Size
0.14 AC
Frontage
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2289-05-098-00-0219-0 | Improvements Assessment | $25,388 |
| Land Assessment | $2,536 | Total Assessment | $27,924 |
Property Taxes
Parcel Number
2289-05-098-00-0219-0
Land Assessment
$2,536
Improvements Assessment
$25,388
Total Assessment
$27,924
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