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72-74 Cedar Swamp Rd 10,750 SF 100% Leased Retail Building Glen Cove, NY 11542 $3,999,000 ($372/SF) 5.54% Cap Rate

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INVESTMENT HIGHLIGHTS

For Sale: (2) Mixed-Use Buildings in Glen Cove, NY
Located Between Two Signalized Intersections - Vehicle Counts: 16,773 Per Day
Roof on Building 2 is 20 Years Old, In Good Condition

Signage on Building & Entrance
Nearby the Sea Cliff & Glen Street LIRR Stations
Every Unit Has its Own Meter

EXECUTIVE SUMMARY

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.