Glen Head Multifamily
For Sale
$928,000
Pending
31 The Gln 31, Glen Head, NY 11545
Multifamily property for sale in Glen Head, New York.
Property Size2,200 SF
Days on Market311
Property Features for 31 The Gln 31
General Information
Standard status
Pending
Size
2,200 SF
Property subtype
Residential
Amenities
Open Floor Plan
Pantry
Recessed Lighting
Walk-in Closets
Heating - Forced Air
Hardwood
Balcony
Entrance Foyer
Eat-in Kitchen
Crown Molding
Laundry Room
In Unit Laundry
Parking - Private
Parking - Garage
Cooling - Central Air
Construction - Hardi Plank Type
Community - Gated
Association - Gated
Association - Landscaping
Association - Maintenance Grounds
Parking - Driveway
Parking - Attached
Deck
Stainless Steel Appliance(s)
Ceiling Fans
Walk-through Kitchen
Washer/Dryer Hookup
Washer
Refrigerator
Range
Oven
Microwave
Dryer
Dishwasher
Association - Security
Pets Allowed
Building Details
Building Size
2,200 SF
Year Built
1988
Listed By:
Carolina Boucos PSA SFR CBR SRS
(516) 835-1804
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 5
Last Checked: Oct 4 at 11:45AM
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 Carolina Boucos PSA SFR CBR SRS
Investment Insights
Based on property information with market context.
A multifamily property located in Glen Head, New York, is available for sale. The list price is $888,000.
Key Highlights
- Year Built: 1988
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,242
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,840
$784.8K
Cap Rate 7%
$560,600
$560.6K
Cap Rate 9%
$436,022
$436.0K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$74.7K $33.96/SF
− Vacancy
−$3.4K −$1.53/SF
EGI
$71.3K $32.43/SF
− OpEx
−$32.1K −$14.59/SF
NOI
$39.2K $17.84/SF
Area
Nassau County, NY
Vacancy
4.50%
Lease Rate
$33.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,840
Cap Rate 7%
$560,600
Cap Rate 9%
$436,022
Alternative Uses
Best Use
Apartment 5plus
$560.6K
$490.5K – $654.0K
NOI $39,242 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.45M
$1.27M – $1.70M
NOI $101,822 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Explore this area
Business Placement
Demographics for 11545, NY
12,008
Population
4,686
Households
2.6
Avg Household Size
46
Median Age
66%
College-Educated
96%
High-School Grad
11.5 sq mi
ZIP Area
1,044
Density / Sq Mi
$164,583
Median Household Income
$77,976
Median Earnings
$2,220
Median Rent
$1,028,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property for sale in Glen Head, New York.
Where is this apartment building located?
The property is located at 31 The Gln 31 Glen Head, NY.
What is the asking price?
The asking price for this property is $928,000.
What are key features of this property?
This property features: Year Built: 1988
