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Executive Summary
An exceptional opportunity to acquire commercial property in an irreplaceable location on Cedar Swamp Road Road in Glen Cove . Situated on 1.98 acres this premier property offers exceptional values for investors, developers and owner-users alike. The 31,800 square foot two story building sits on 1.98 acres. Originally built in 1960 and significantly renovated in 1980 and 2023,offering a blend of established infrastructure and modern updates. Featuring 17 ft' ceiling heights on the first floor and 15 ' foot clear ceiling heights on the second floor .positioned in one of Long Island's most desirable commercial corridors, this is a rare chance to acquire a substantial strategically located asset with significant long-term value and endless possibilities. Convenient access to major roadways and surrounding North Shore communities. Close to downtown Glen Cove shopping, dining and transportation. Whether you're expanding an existing operation or acquiring a long term investment asset 1 Alexander Place combines size, location and potential in one of Nassau County's growing commercial markets.
Property Facts
| Price | $8,500,000 | Rentable Building Area | 31,800 SF |
| Price Per SF | $267.30 | No. Stories | 2 |
| Sale Type | Owner User | Year Built/Renovated | 1980/2023 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 3.08/1,000 SF |
| Building Class | C | Clear Ceiling Height | 13’ |
| Lot Size | 1.98 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-2 Industrial Zone - a light industrial district that's intended to designate areas that are best suited for industrial development | ||
| Price | $8,500,000 |
| Price Per SF | $267.30 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.98 AC |
| Rentable Building Area | 31,800 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1980/2023 |
| Tenancy | Single |
| Parking Ratio | 3.08/1,000 SF |
| Clear Ceiling Height | 13’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-2 Industrial Zone - a light industrial district that's intended to designate areas that are best suited for industrial development |
Amenities
- 24 Hour Access
- Bus Line
- Commuter Rail
- Fenced Lot
- Air Conditioning
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Electric
Moderately walkable
60/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0600-22-A-00-0418-0 | Improvements Assessment | $1 |
| Land Assessment | $28,944 | Total Assessment | $28,945 |
Property Taxes
Parcel Number
0600-22-A-00-0418-0
Land Assessment
$28,944
Improvements Assessment
$1
Total Assessment
$28,945
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1 Alexander Pl




