145 Main Street, Old Westbury, (Port Washington), NY, 11050
1923
We are happy to facilitate the sale of this iconic bank building situated at a prime location on the corner of Main Street and Central Drive in busy downtown Port Washington. This majestic and well-known property is within walking distance of the Long Island Railroad, with a quick 45 minute train ride to Penn Station NYC, and is close to restaurants, shops, and entertainment venues. Perfect for investors seeking to grow their portfolio, the approximately 10,000 SF of office space is offered subject to a NNN lease which runs through June, 2031, and currently generates a 7% CAP rate. The tenant, MID-SHIP Group, is a global leader in dry bulk cargo shipping, serving over 1,400 ports worldwide and offering comprehensive services including ocean freight, inland logistics and technology solutions. The 2-story building has a full basement with a gym and loads of storage space, and there is a 21-car parking lot in the rear. This unique building has a classic interior with vaulted ceilings and massive windows that allow for an abundance of natural lighting. There is a new roof on the building, a new gas boiler, and a backup generator. This is a one-of-a-kind investment opportunity.
Status:
Active
Town:
Old Westbury
Type:
Commercial
Heating:
Natural Gas
Cooling:
Central Air
Basement:
Full, Partially Finished, Storage Space
Levels:
2
Acreage:
0.24
Est. Taxes:
$100,189
Construction
Block
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Days on Market:
3
MLS #:
836313
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Daniel Gale Sothebys Intl Rlty 516-334-3606