$19,888,000
1 Garvies Point RD Glen Cove, NY 11542
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$19,888,000
Est. payment /mo
6.33 Acres Lot
Active
1 Garvies Point RD Glen Cove, NY 11542
UPDATED:
09/03/2024 09:02 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3575082
Originating Board onekey
Rental Info No
Year Built 1959
Annual Tax Amount $255,508
Lot Size 6.330 Acres
Acres 6.33
Property Description
Calling All Investors, Developers, & End-Users!!! 6+ Acre Mixed-Use Property/Development Site In Glen Cove For Sale!!! The Property Features Multiple Warehouses, High 20' Ceilings, Excellent Signage, Great Exposure, Outdoor Storage, Strong MW3 Zoning, 308 Parking Spaces, 83,000 Sqft. Of Warehouse/Retail Space, 7,000 Sqft. Of Office Space, Security Gates, 3 Ton Crane, Sprinklers, 8 Overhead Drive-In Doors, 3 Loading Docks, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Glen Cove At Garvies Point Across From The Glen Cove Ferry Terminal!!! The Property Is Situated Near Garvies Point Museum & Preserve, Garvies Point Park & Mercadante Beach!!! Neighbors Include Land Rover, Lexus, Volvo, Subaru, Stop. & Shop, Mobil, AMC Theaters, Panera Bread, Tropical Smoothie Cafe, Petco, Advance Auto Parts, Wendy's, YMCA, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: AA Consulting Services (Parking): $10,800 Ann.; M-M. AJ Gallo & Co. Contracting (Parking): $13,200 Ann.; M-M. Arthur Niewiadomski (Parking): $4,200 Ann.; M-M. Avalon Deco Supplies (4,500 Sqft.): $54,024.42 Ann.; 3% Ann. Inc.; Lease Exp.: 12/31/26. BLK Landscaping, Inc. (Parking): $7,200 Ann.; M-M. Bob Kroll (Parking): $1,200 Ann.; M-M. Choe Natural Products (550 Sqft.): $12,155.49 Ann.; 3% Ann. Inc.; Lease Exp.: 12/31/26. David Shea (Parking): $3,000 Ann. M-M. Dollar Plus Distribution (600 Sqft.): $8,103.66 Ann.; 3% Ann. Inc.; Lease Exp.: 12/31/24. Drayrock Haulage Inc. (Parking): $3,600 Ann.; M-M. DH Performance (1,800 Sqft.): $24,310.99 Ann.; 3% Ann. Inc.; Lease Exp.: 12/31/26. Glova Recycle (20,000 Sqft.): $315,142.47 Ann.; 3% Ann. Inc.; Lease Exp.: 3/31/28. Icrew USA, Inc. (500 sqft.): $10,608.20 Ann.; 3% Ann. Inc.; M-M. Expo Furniture Design, Inc. (2,300 Sqft.): $29,112.96 Ann.; 3% Ann. Inc.; M-M. Fit 4 Life (3,500 Sqft.): $48,381.44 Ann.; 3% Ann. Inc.; Lease Exp.: 12/31/26. Garvies Point Brewing Co. (4,425 Sqft.): $71,086.72 Ann.; 3% Ann. Inc.; Lease Exp.: 12/31/26. Gus Hausser (Parking): $1,800 Ann.; M-M. Dale Saltsberg (Parking): $2,400 Ann.; M-M. Jeffrey Langiulli (Parking): $2,400 Ann.; M-M. Josie's Pizza Bar (3,800 Sqft.): $54,024.43 Ann.; 3% Ann. Inc.; M-M. Jose Orlando Salmeron (Parking): $7,800 Ann.; M-M. J U Contracting (Parking): $25,200 Ann.; Lease Exp.: 12/31/26. Kings Produce (8,900 Sqft.): $108,009.82 Ann.; 3% Ann. Inc.; Lease Exp.: 12/31/26. Icrew USA (500 Sqft.): $10,433.47 Ann.; 3% Ann. Inc.; Lease Exp.: 12/31/26. Larry David (Parking): $3,000 Ann.; M-M. Guzman Construction. (Parking): $1,800 Ann.; M-M. MJN Landscaping (Parking): $2,520 Ann.; M-M. Michael Orban (Parking): $2,400 Ann.; M-M. Next Step Controls (400 Sqft.): $5,402.44 Ann.; 3% Ann. Inc.; M-M. NUR NY O1, Inc. (Parking): $5,402.44 Ann.; 3% Ann. Inc.; M-M. Oil For Less (Parking): $9,000 Ann.; M-M. Oil For Less Boat (Parking): $1,800 Ann.; M-M. Paragon Woodworks (600 Sqft.): $7,200 Ann.; M-M. ROFEN Media Group LLC (600 Sqft.): $7,416 Ann.; M-M. Ryan Hahn Boat Storage (Parking): $2,400 Ann.; M-M. RSA Catering LLC (7,500 Sqft.+ Parking): $86,890.80 Ann.; Lease Exp.: 12/31/26. RXR Realty (Parking): $98,880 Ann.; Lease Exp.: 12/31/26. SAE Manufacturing Specialties (1,326 Sqft.): $21,642 Ann.; Lease Exp.: 12/31/26. Sid's All American (2,000 Sqft.): $25,020.05 Ann.; 3% Ann. Inc.; M-M. Slim & Trim/Best Spice (940 Sqft.): $9,737.91 Ann.; 3% Ann. Inc.; M-M. Sue Tsai Studios (2,900 Sqft.): $35,821.57 Ann.; 3% Ann. Inc.; M-M. Supremacy Services, Inc. (Parking): $2,701.22 Ann.; 3% Ann. Inc.; M-M. Serve Well Electric (Parking): $13,200 Ann.; M-M. Tax Consultants (Office): $5,400 Ann.; M-M. Triboro HVACR, Inc. (380 Sqft.): $8,103.66 Ann.; 3% Ann. Inc.; M-M. Wilson Martial Arts (3,540 Sqft.): $59,669.85 Ann.; 3% Ann. Inc.; Lease Exp.: 12/31/26. Uger Senturk (Parking): $3,000 Ann.; M-M. Yale Tile & Stone (2,800 Sqft.): $34,608 Ann.; M-M. Gross Income: $1,281,210 Ann. Expenses: Gas & Oil: $16,327 Ann. Electric: $33,716 Ann. Maintenance & Repairs: $43,343 Ann. Insurance: $45,074 Ann. Water & Sewer: $2,397 Ann. Taxes: $255,508 Ann. Total Expenses: $396,365 Ann. Net Operating Income (NOI): $884,845 Ann. , or
Location
State NY
County Nassau
Zoning Heavy Ind
Interior
Fireplace No
Building
Story 1
Others
Special Listing Condition None
Listed by All Island Estates Realty Corp • 516-783-5600
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