Log In/Sign Up
Your email has been sent.
8 Chadwick St 7 Unit Apartment Building $4,500,000 ($642,857/Unit) Glen Cove, NY 11542
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
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$59,491
|
$9.63
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$59,491
|
$9.63
|
Financial Summary (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $59,491 |
| Annual Per SF | $9.63 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $59,491 |
| Annual Per SF | $9.63 |
Property Facts
| Price | $4,500,000 | Apartment Style | Low-Rise |
| 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
|
| Zoning | B2 - General Business | ||
| Price | $4,500,000 |
| 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 |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0600-21-N-01-0488-0 | Total Assessment | $11,131 |
| Land Assessment | $6,277 | Annual Taxes | $59,491 ($9.63/SF) |
| Improvements Assessment | $4,854 | Tax Year | 2026 |
Property Taxes
Parcel Number
0600-21-N-01-0488-0
Land Assessment
$6,277
Improvements Assessment
$4,854
Total Assessment
$11,131
Annual Taxes
$59,491 ($9.63/SF)
Tax Year
2026
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
