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8 Chadwick St
Glen Cove, NY 11542
Multifamily Property For Sale
·
7 Units


Investment Highlights
- Mixed Use Property
- Three 2 Family Houses
- Detached Garage
- 5 Structures
- Fully Fenced Commercial Warehouse and Lot
- Free Market Rents
Executive Summary
6-8 Chadwick Street, Glen Cove — Prime Mixed-Use Investment Opportunity Rare opportunity to acquire a versatile mixed-use property situated on approximately 0.69 acres in Glen Cove. The property features five structures, including three two-family homes, a commercial warehouse with a large, fully fenced commercial lot, and a detached two-car garage. The newly paved driveway offers two curb cuts and a rolling gate providing convenient access to the commercial lot. The residential component includes six total units, consisting of two 2-bedroom, 1-bathroom apartments and four 1-bedroom, 1-bathroom apartments. All units are separately metered for gas and electric, and each home includes a full basement, offering additional storage and utility space. Conveniently located just off Glen Cove Avenue, the property provides easy access to the surrounding North Shore communities and nearby LIRR stations in Sea Cliff, Glen Head, and Glen Cove. An ideal opportunity for investors seeking a diversified portfolio asset or an end user requiring commercial occupancy and additional income-producing residential units.
1,260 SF warehouse, 4,558 SF multi-family, 360 SF garage
1,260 SF warehouse, 4,558 SF multi-family, 360 SF garage
Property Facts
| Price Per Unit | $642,857 | Building Class | C |
| Sale Type | Investment or Owner User | Lot Size | 0.69 AC |
| Sale Condition | Lease Option | Building Size | 6,178 SF |
| No. Units | 7 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1913 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | B2 - General Business | ||
| Price Per Unit | $642,857 |
| Sale Type | Investment or Owner User |
| Sale Condition | Lease Option |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 6,178 SF |
| No. Stories | 1 |
| Year Built | 1913 |
| Opportunity Zone |
Yes |
| Zoning | B2 - General Business |
Property Taxes
| Parcel Number | 0600-21-N-01-0488-0 | Improvements Assessment | $4,854 |
| Land Assessment | $6,277 | Total Assessment | $11,131 |
Property Taxes
Parcel Number
0600-21-N-01-0488-0
Land Assessment
$6,277
Improvements Assessment
$4,854
Total Assessment
$11,131
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