133 Glenwood Rd - Warehouse FOR SALE


Glenwood Landing, NY 11547
$2,580,000 USD
929-260-9118
133 Glenwood Rd, Glenwood Landing, NY for Sale
$2,580,000 USD
Warehouse - FOR SALE
1/32
null | Request Cap Rate

133 Glenwood Rd
Glenwood Landing, NY 11547


HIGHLIGHTS

  • Income-producing multi-tenant commercial property
  • Additional income from yard storage, parking and storage rentals
  • Potential to increase future income through lease adjustments
  • Suitable for warehouse, showroom, distribution, light-industrial and other commercial uses, subject to zoning and approval
  • Convenient access to major transportation routes
  • Diversified tenants and rental-income sources

OVERVIEW

133 Glenwood Rd, Glenwood Landing, NY 11547 Exceptional commercial warehouse investment opportunity located in the desirable North Shore of Long Island. Situated on approximately 0.417 acres (18,164 SF lot) with an approximately 7,560 SF building, this versatile income-producing property offers stable cash flow, multiple tenants, and excellent long-term appreciation potential. Currently leased to a diverse mix of established businesses, the property generates a gross monthly rental income of approximately $13,577 (approximately $162,900 annually) while benefiting from low annual property taxes of approximately $23,528. Current rental income includes: * High-end Design Company: $6,000/month * Fishing Supply Business: $2,200/month * Lumber Company: $3,100/month * Rear Yard Storage/Yard Lease: $1,050/month * Parking Income: $300/month * Storage Rental: $927/month Investment Highlights: * Approx. 18,164 SF lot with 7,560 SF commercial building * Stable multi-tenant income with diversified rental sources * Opportunity to increase future income through lease adjustments * Excellent owner-user or investment opportunity * Ideal for warehouse, showroom, distribution, light industrial, and commercial uses (subject to zoning and approvals) * Rare North Shore commercial asset with strong cash flow and long-term appreciation potential * Attractive option for 1031 Exchange buyers and long-term investors seeking stable income Conveniently located with easy access to major transportation routes, this well-maintained commercial property offers a unique combination of dependable cash flow, flexible commercial use, and future upside in one of Long Island’s most desirable business corridors.

FOR SALE DETAILS

PRICE

$2,580,000 USD

PRICE/SF

$326 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.42

LAND SF

18,295

ZONING

GB

APN/PARCEL ID

2489-20-K-00-0001-0

ASK ABOUT THIS PROPERTY

Sophia YaoCHASE Global Realty Corp.More Info
929-260-9118

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Sophia YaoCHASE Global Realty Corp.More Info
929-260-9118

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