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36-38 Glen Cove Rd 9,197 SF 100% Leased Retail Building Greenvale, NY 11548 $8,000,000 ($869.85/SF) 4.99% Cap Rate
Investment Highlights
- Prime North Shore retail center
- Average household income exceeds $305,000 within a one-mile radius
- Population of over 223,000 within a five-mile radius
- On-site parking available
- Median household income exceeds $184,000 within a one-mile radius
Executive Summary
PRIME NORTH SHORE RETAIL CENTER
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,197 SF
Building Class
C
Year Built
1993
Price
$8,000,000
Price Per SF
$869.85
Cap Rate
4.99%
NOI
$399,400
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Zoning
Business B - Multi-tenanted strip center
Parking
30 Spaces (3.26 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Restaurant
- Signage
- Air Conditioning
- Awning
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,584 | |
| Land Assessment | $15,779 | Total Assessment | $17,363 |
Property Taxes
Parcel Numbers
Land Assessment
$15,779
Improvements Assessment
$1,584
Total Assessment
$17,363
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