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150 Forest Ave
Glen Cove, NY 11542

Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
9,951 SF
Building Class
C
Year Built
1959
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,976 SF
Building FAR
0.88
Lot Size
0.26 AC
Zoning
B-4 - Limited Commercial Business District
Parking
12 Spaces (1.21 Spaces per 1,000 SF Leased)

About 150 Forest Ave , Glen Cove, NY 11542

Marcus & Millichap is pleased to present 150 & 156 Forest Ave in Glen Cove, located in Long Island’s Northern Nassau County. This exclusive offering is a unique, irreplaceable piece of investment real estate that presents investors with a terrifically located redevelopment opportunity. The combined square footage of the lots totals 27,524 square-feet, allowing for an investor to either split up the lots and build two separate buildings or build a 7,000 square-foot 2-story building on the bigger lot with the smaller lot as a parking lot. This property benefits from frontage along a major retail corridor and rests directly across the street from the premier upscale 110,000 square-foot Glen Cove Shopping Center. With national retailers such as Rite Aid, Subway, Chase Bank, Stop & Shop, and so much more, Forest Avenue sees tens of thousands of vehicles per day, augmenting the potential values of these two lots. In addition, the demographics paint a picture of prosperity and opportunity with a median house hold income over $85,000 in the area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0600-23-016-00-0121-0
  • 0600-23-016-00-0112-0
Land Assessment
$6,546
Improvements Assessment
$8,805
Total Assessment
$15,351
  • Listing ID: 16107215

  • Date on Market: 5/20/2019

  • Last Updated:

  • Address: 150 Forest Ave, Glen Cove, NY 11542

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