Glen Cove, NY 11542 61 1/2 Glen Street
$1,125,000
17 more
SQFT • 4,218
Home Details
Seller Financing Available for 20 years at 7% rate! 0% Down Payment required! Look no further than this fantastic opportunity to buy a fully rented commercial building deep in the heart of Glen Cove. Restaurant has 9 years remaining on lease with a 3% increase every July. Restaurant also pays for any increases in Taxes. Both apartments above full rented. Sellers pay Taxes, 40% of the water bill ($625 annually) and Insurance (3,394.45)
Tenants pay heat, electric & 60% of water bill. Don't miss this fantastic opportunity!
Interior Features for 61 1/2 Glen Street
Other Interior Features
BasementSee Remarks
Basement (Y/N)Yes
Basement FeaturesSee Remarks
General for 61 1/2 Glen Street
AttributionContact631-585-8400
Building Area UnitsSquare Feet
Business TypeCommercial, Restaurant
Cap Rate5
CityGlen Cove
Construction MaterialsBrick
CoolingDuctless
CountyNassau County
Directionswww.Googlemaps.com
ModificationTimestamp2025-04-30T07:13:37.343Z
Net Operating Income56250
Operating Expense4019
PostalCityGlen Cove
Property Attached Y/NYes
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Showing Instructionscall or text L/A
Standard StatusActive
StatusActive
Tax Annual Amount21678.54
Tax Year2024
UtilitiesCable Available, Electricity Connected, Phone Connected
Exterior for 61 1/2 Glen Street
Building Area Total4218
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Berkshire Hathaway HomeServices
Management
Similar Properties to 61 1/2 Glen Street
Get Pre-Approved Now!
Give yourself a better position in the competitive home buying market. Complete the form to get started on your journey to purchase your dream home. Our lending partner has a wide variety of lending options available and advanced mortgage technology. As a result, our lending partner's clients enjoy a flawless experience through impeccable execution and timely communication throughout the process.
We keep your info safe & never share it. View our Privacy Policy or Terms of Use.
