61 1/2 Glen Street
Glen Cove,
NY
11542
- Commercial
- PRICE REDUCED
- Mixed Use
- ML# 855051
Property Details
Overview
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!
Key Facts
- •Taxes: $21,679
- •Sale or Rent: Sale
- •Construction Materials: Brick
- •Heat: Natural Gas
- •A/C: Ductless
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
Signature Premier Properties
631-585-8400
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