61 1/2 Glen Street Glen Cove, NY $ 950,000
61 1/2 Glen Street
$ 950,000
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61 1/2 Glen Street

Glen Cove, NY, 11542
$ 950,000
Bedrooms-- Baths-- Sq 4,218

Monthly Estimate*

$ 5,927

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Commercial Property for sale in Glen Cove, NY

for $950,000. This building is 4,218 square feet.

Seller Financing Available for 20 years, 30 year amortization at 8% rate! 10-20% 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!

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Commercial Active

Price

$ 950,000

Property Type

Commercial

Taxes

$ 21,678

Style

Mixed Use

Town/City

Glen Cove

County/Region

Nassau

MLS | Web ID

855051

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Ductless
Utilities Cable Available Electricity Connected Phone Connected
Construction Materials Brick
Property Subtype Mixed Use
Tax Year 2024
Business Type Commercial Restaurant
County Nassau County
Operating Expense 4019
Property Type Commercial Sale
Directions www.Googlemaps.com
City Glen Cove
Property Attached Y/N Y
Tax Annual Amount 21678.54
Showing Instructions call or text L/A
Building Area Units Square Feet
Standard Status Active
Cap Rate 5
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Interior
Basement See Remarks
Basement Features See Remarks
Basement (Y/N) Y
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Exterior
Water Source Public
Building Area Total 4218
Waterfront Y/N N
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Internal Only
Street Number 1 61
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* Excluded Features
List By
Anthony Zanni

Listing Agent

Signature Premier Properties

Broker

631-585-8400

Contact

Affordability Calculator

$7,733
Per Month
77%
23%
0%
Monthly Principal & Interest
$5,927
Monthly Property Taxes
$1,807
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/2/2025$950,000 -15.56% Price Down
4/29/2025$1,125,000 Listed Price

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61 1/2 Glen Street, Glen Cove, NY, 11542 is a Commercial Property for sale at $950,000 with 4,218 sqft. The property's zip code is 11542 which is in Glen Cove, NY