72-74 Cedar Swamp Rd - Storefront Retail/Office FOR SALE


Glen Cove, NY 11542
$3,999,000 USD
516-393-2300
72-74 Cedar Swamp Rd, Glen Cove, NY for Sale
$3,999,000 USD
Storefront Retail/Office - FOR SALE
1/11
null | 5.54% Cap Rate

72-74 Cedar Swamp Rd
Glen Cove, NY 11542


HIGHLIGHTS

  • For Sale: (2) Mixed-Use Buildings in Glen Cove, NY
  • Signage on Building & Entrance
  • Located Between Two Signalized Intersections - Vehicle Counts: 16,773 Per Day
  • Nearby the Sea Cliff & Glen Street LIRR Stations
  • Roof on Building 2 is 20 Years Old, In Good Condition
  • Every Unit Has its Own Meter

OVERVIEW

American Investment Properties is retained to sell the property located at 72-74 Cedar Swamp Rd, in Glen Cove, NY. This mixed-use property contains 7 retail units and 3 residential units. The property, which was renovated in 2010, is in great condition and provides a lot of potential. Located on the busy Cedar Swamp Road between two signalized intersections, the property sees a traffic count of around 16,773 vehicles per day. In addition, there is signage at the entrance. This property is conveniently located between the Sea Cliff and Glen Street LIRR Stations which are both under a minute drive.

FOR SALE DETAILS

PRICE

$3,999,000 USD

PRICE/SF

$372 USD /SF

CAP RATE

5.54%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront Retail/Residential, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,400 SF

ZONING

Commercial

APN/PARCEL ID

0600-21-S-00-0009-K

ASK ABOUT THIS PROPERTY

Ron KoenigsbergAmerican Investment Properties, Inc.More Info
516-393-2300

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Ron KoenigsbergAmerican Investment Properties, Inc.More Info
516-393-2300

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