This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

920 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Redevelopment Property with $800K NOI 1 Garvies Point Rd

85,000 SF 100% Leased Industrial Building Glen Cove, NY 11542 $17,000,000 ($200/SF) 4.71% Cap Rate

Industrial Properties New York Glen Cove 1 Garvies Point Rd, Glen Cove, NY 11542

Investment Highlights

  • On the Glen Cove Waterfront
  • Bordered by a Nature Preserve and Public Esplanade
  • Redevelopment Possibilities

Executive Summary

Rare opportunity to redevelop on the Glen Cove Waterfront. Please see attached Offering Memorandum (Brochure)

Attachments

6.4 Ac Waterfront For Sale

Property Facts

Price $17,000,000 Lot Size 6.33 AC
Price Per SF $200 Rentable Building Area 85,000 SF
Sale Type Investment No. Stories 1
Cap Rate 4.71% Year Built 1959
Sale Conditions
Lease Option
  • Redevelopment Project
 Parking Ratio 2.35/1,000 SF
Property Type Industrial Clear Ceiling Height 16 FT
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Warehouse
  • Office Office Live Work Unit
 No. Drive In / Grade-Level Doors 1
Building Class C
Price $17,000,000
Price Per SF $200
Sale Type Investment
Cap Rate 4.71%
Sale Conditions
Lease Option
  • Redevelopment Project
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Warehouse
  • Office Office Live Work Unit
Building Class C
Lot Size 6.33 AC
Rentable Building Area 85,000 SF
No. Stories 1
Year Built 1959
Parking Ratio 2.35/1,000 SF
Clear Ceiling Height 16 FT
No. Drive In / Grade-Level Doors 1

Amenities

  • 24 Hour Access
  • Waterfront

Utilities

  • Sewer - City
  • Heating - Oil (Fired)

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Avalon Deco
  • Wholesaler
  • 4,000 SF
  • -
  • -
  • Kings Produce
  • Wholesaler
  • 8,000 SF
  • -
  • -
  • RSA Catering
  • Retailer
  • 7,000 SF
  • -
  • -
  • RXR
  • Construction
  • -
  • -
  • -
  • Sunsha International
  • Manufacturing
  • 20,000 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Avalon Deco Wholesaler 4,000 SF - -
Kings Produce Wholesaler 8,000 SF - -
RSA Catering Retailer 7,000 SF - -
RXR Construction - - -
Sunsha International Manufacturing 20,000 SF - -
1 of 1
1 Garvies Point Rd, Glen Cove, NY - aerial map view

zoning

Zoning Code MW3
MW3
(516) 359-8028

Contact

  • Listing ID: 29617565

  • Date on Market: 9/25/2023

  • Last Updated:

  • Address: 1 Garvies Point Rd, Glen Cove, NY 11542

The Industrial Property at 1 Garvies Point Rd, Glen Cove, NY 11542 is currently available for sale. Contact Landmark Realtors, Inc for more information.

Industrial PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/3
1 Garvies Point Rd, Glen Cove, NY for sale Aerial- Image 1 of 3
Aerial
1 Garvies Point Rd, Glen Cove, NY for sale Plat Map- Image 2 of 3
Plat Map

1 of 1

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Redevelopment Property with $800K NOI | 1 Garvies Point Rd
(516) 359-8028 x

Redevelopment Property with $800K NOI | 1 Garvies Point Rd

Gabor Karsai

(516) 359-8028

(516) 359-8028

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link