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- LoopNet Team
161 Glen St
Glen Cove, NY 11542
Glen Cove · Retail Property For Sale
Investment Highlights
- Calling All Investors, Developers & End-Users!!!
- The Property Features A Large 1/2 Acre Corner Lot, 2 Bays, High 14' Ceilings, Large 28 Car Parking Lot, Excellent Signage, Great Exposure, +++!!!
- Neighbors Include Mcdonald's, Wendy's, The Avalon, Dollar Tree, Burger King, Dunkin' Donuts, Subaru, Lexus, +++!!!
- Beautiful Two Bay Auto Repair Shop For Sale Offered At An 9.24 Cap!!!
- The Property Is Located At The Signalized Intersection Of Glen Street & Town Path
- The Property Is Currently Rented To A Successful Auto Repair Shop For $73,200 Annually (The Property Can Be Delivered Vacant If Need Be)
PROPERTY FACTS
Amenities
- 24 Hour Access
- Bus Line
- Commuter Rail
- Corner Lot
- Security System
- Signage
- Signalized Intersection
- Storage Space
- Air Conditioning
About 161 Glen St , Glen Cove, NY 11542
Calling All Investors, Developers & End-Users!!! Beautiful Two Bay Auto Repair Shop For Sale Offered At An 9.11 Cap!!! The Property Features A Large 1/2 Acre Corner Lot, 2 Bays, High 14' Ceilings, Large 28 Car Parking Lot, Excellent Signage, Great Exposure, +++!!! The Property Is Located At The Signalized Intersection Of Glen Street & Town Path. The Property Is Currently Rented To A Successful Auto Repair Shop For $73,200 Annually. This Portion Of Glen Street Has A Daily Traffic Count Of 10,000-25,000 Cars Per Day!!! Neighbors Include Mcdonald's, Wendy's, The Avalon, Dollar Tree, Burger King, Dunkin' Donuts, Subaru, Lexus, +++!!! The Property Can Be Delivered Vacant If Need Be. Income: Auto Repair Shop: $73,200 Ann. (M-M) Expenses: Electric: $0 Gas: $0 Insurance: $2,000 Maintenance & Repairs: $250 Water: $0 Total Expenses: $2,250 Net Operating Income (NOI): $70,950 (9.11 Cap!!!)
PROPERTY TAXES
| Parcel Number | 0600-23-026-00-0042-0 | Improvements Assessment | $0 |
| Land Assessment | $3,451 | Total Assessment | $3,451 |
PROPERTY TAXES
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