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40 East Ave
Glen Cove, NY 11542
40 East Ave., Glen Cove, NY 11542 · Retail Property For Sale
Investment Highlights
- Calling All Investors, Developers & End-Users!!!
- The Property Consists Of 3 Freestanding Structures; A 800 Sqft. Deli, A 1,300 Sqft. 2 Story (2) Br House & A 2.5 Car Garage
- Net Operating Income (NOI): $53,027 (Proforma 12.48 Cap!!!)
- 3 Unit, 2,800 Sqft. Mixed Use Property For Sale
- The Property Also Features Great Signage & 6 Private Parking Spaces.
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,800 SF
Year Built/Renovated
1908/1982
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.56
Lot Size
0.11 AC
Zoning
Multiple Uses
Frontage
Amenities
- 24 Hour Access
- Security System
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
About 40 EAST AVE , GLEN COVE, NY 11542
Calling All Investors, Developers & End-Users!!! 3 Unit, 2,800 Sqft. Mixed Use Property For Sale Offered At A Proforma 12.48 Cap! The Property Features 3 Freestanding Structures; A 800 Sqft. Deli, A 1,300 Sqft. 2 Story (2) Br House & A 2.5 Car Garage. The Property Also Features Great Signage & 6 Private Parking Spaces. Deli: $25,600 (Delivered Vacant) 2 Br House: $30,000 (Delivered Vacant) 2.5 Car Garage: $14,400 (Delivered Vacant) Gross Income: $70,000 Expenses: Gas: $0 Maintenance & Repairs: $250 Insurance: $2,500 Taxes: $10,185 Village Taxes: $3,658 Water: $380 Total Expenses: $16,973 Net Operating Income (NOI): $53,027 (Proforma 12.48 Cap!!!)
Property Taxes
| Parcel Number | 0600-23-030-00-0044-0 | Improvements Assessment | $1,125 |
| Land Assessment | $1,400 | Total Assessment | $2,525 |
Property Taxes
Parcel Number
0600-23-030-00-0044-0
Land Assessment
$1,400
Improvements Assessment
$1,125
Total Assessment
$2,525
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