Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Established Salon Suite Condo Title is generated by Realmo AI

    1 School Street 104, Glen Cove, NY 11542

    View on Map
    Claim this Listing
    New
    For Lease
    Contact for pricing

    Turnkey two-floor salon space with established operating history and ample on-site parking for clients and staff.

    Type:Retail
    Property size:
    3,500 SF
    Added:
    Jun 2, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 6 at 3:07 am

    Property Features for 1 School Street 104

    General Information

    Standard status
    Active
    Size
    3,500 SF
    Property subtype
    Retail

    Spaces For Lease

    at 1 School Street 104 Contact us

    We can help!

    Listing Contact
    Gus Lafkas

    Listing agent Gus Lafkas

    Listing office Douglas Elliman Real Estate

    Listing date Jun 2, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate

    HighLights

    • Established salon space operating for over 44 years
    • 2, two‑floor salon space totaling 3,500 SF in a well‑maintained condominium complex
    • Well‑established business location in Glen Cove
    • 100 on‑site parking spaces for clients and staff

    Overview

    This property is an established salon space in a well-maintained condominium complex, operating for over 44 years. The unit provides approximately 3,500 square feet of interior space across two floors, offering a built-out layout designed for day-to-day salon use.

    The space is located at 1 School Street 104 in Glen Cove, New York, within the condominium setting. On-site parking is available for up to 100 vehicles, which can help support convenient client and staff access.

    For a salon operator looking for a ready-to-run location, this configuration offers an existing business footprint and a two-story plan suitable for customer-facing services and operational back-of-house functions. The condominium setting and on-site parking also provide practical day-to-day convenience for staff scheduling and client arrivals.
    Location Intelligence

    Current Use by Public Records

    Dr. Sheetal Desai Physician Dr. Beata Surma, ... Pediatrician DiMaggio Associates Law Firm Muldoon & Muldoon Law Firm Assembly Member Charles ... State Government Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glen Cove
    County
    Nassau
    State
    New York
    Longitude
    -73.6318072
    Latitude
    40.8648132

    Nearby Similar for Lease

    • $4,500/Mo

      Work-Live Office Suite

      First-floor office setup with waiting, multiple rooms, and kitchen, plus flexible second-floor bedrooms for professional use.
      122 Forest Avenue, Glen Cove, NY 11542
      View Details
    • $1,850/Mo

      Glen Cove Office Space Available

      Office space with conference room, reception, and private offices.
      Cedar Swamp Rd, Glen Cove, NY 11542
      View Details
    • $4,500/Mo

      Work-Live Office Suite

      Mint condition work-live suite with a first-floor office setup and parking for client and staff visits.
      122 Forest Avenue #Rear, Glen Cove, NY 11542
      View Details
    • $1,100/Mo
      1,150 SF

      Glen Cove Storage Space

      Lower level storage space in Glen Cove available for rent.
      34 Glen St Rear, Glen Cove, NY 11542
      View Details
    • $1,700/Mo

      Ground Floor Office Suite

      Ground-floor suite in a renovated elevator building with central HVAC, front windows, and two private bathrooms.
      15 1/2 Glen Street #104, Glen Cove, NY 11542
      View Details
    • $35 SF/Yr

      Glen Cove Retail Storefront Opportunity

      Well-located retail storefront in the heart of Glen Cove.
      64 School St, Glen Cove, NY 11542
      View Details
    • Contact for pricing

      Renovated Office Suite in Glen Cove

      Well-located, renovated office suite in the heart of Glen Cove.
      15 1/2 Glen St 203, Glen Cove, NY 11542
      View Details
    • $3,800/Mo
      2,700 SF

      Prime Retail Space in Glen Cove

      2,700 SF retail space in downtown Glen Cove.
      Glen St 14-20, Glen Cove, NY
      View Details
    • $3,500/Mo

      Office Suite with Private Office

      Downtown office suite with private office, bullpen, break area, and private bath, with CAM included and no fee.
      58 school st, Glen Cove, NY 11542
      View Details
    • $3,600/Mo

      Renovating Second-Floor 3BR Apartment

      Second-floor three-bedroom unit with brand-new kitchen, updated master bath, and in-unit washer/dryer, ready for showing soon.
      45 Hammond Rd, Glen Cove, NY 11542
      View Details
    • $1,100/Mo
      1,150 SF

      Lower Level Storage Unit

      Ground-level access storage suite with 7–8 ft ceiling height and a 36-inch wide door.
      34 Glen Street #Rear, Glen Cove, NY 11542
      View Details
    • $35 SF/Yr
      4,100 SF

      Glen Cove Office Space Available

      Newly remodeled office spaces in the heart of Glen Cove.
      50 School St, Glen Cove, NY, 11542-2534
      View Details

    FAQs

    What type of property is this?
    Retail space - Turnkey two-floor salon space with established operating history and ample on-site parking for clients and staff.
    Where is this retail space located?
    The property is located at 1 School Street 104 Glen Cove, NY.
    What are key features of this property?
    This property features: Established salon space operating for over 44 years; 2, two‑floor salon space totaling 3,500 SF in a well‑maintained condominium complex; Well‑established business location in Glen Cove
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Gus Lafkas
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1 School Street 104, Glen Cove, NY 11542
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!