36-38 Glen Cove Rd
Greenvale, NY 11548
Retail Property For Sale

This North Shore retail property at 36 & 38 Glen Cove Road offers a well-located investment opportunity just one block north of Northern Boulevard in Greenvale, NY. The asset consists of approximately 9,197 SF of street-level retail space plus a 1,000 SF basement on a 25,050 SF parcel, complemented by 30 on-site parking spaces and additional street parking.
The property is currently anchored by Mattress Firm and supported by Pacific Street Pizza and Off Nate Barbershop, with a projected second-floor tenant for additional income. Recent improvements include HVAC upgrades, and existing leases feature scheduled rent increases that support steady income growth. Current projections estimate a Net Operating Income of approximately $399,400 in 2026, rising to $429,799 in 2027.
Located in a high-traffic corridor with over 30,000 vehicles passing daily, the property benefits from exceptional visibility and accessibility. With a surrounding population of more than 223,000 within five miles and household incomes exceeding $150,000, this trade area supports strong tenant performance and long-term stability.