Fully-Leased Multifamily
For Sale
Contact for pricing
Pending
5-7 Cedar Swamp Rd, Glen Cove, NY 11542
Three adjacent tax lots totaling four homes and eight residential units, zoned B-2.
Days on Market113
Property Features for 5-7 Cedar Swamp Rd
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
RIPCO Real Estate New York
(516) 647-7155
Listed By:
Kevin Schmitz · License #NY 10401284640
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 31 at 2:37PM
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 RIPCO Real Estate New York
Investment Insights
Based on property information with market context.
The Cedar Swamp Road assemblage is offered as a fully-leased multi-family property comprising four homes and eight residential units. The assemblage includes three adjacent tax lots: 5–7 Cedar Swamp Road and 4–6 Russell Place, combining to approximately 30,000 square feet (0.69 acres).
The property is located within B-2 zoning. Per the provided description, B-2 is a peripheral commercial district with additional special uses referenced from B-1. The assemblage is positioned near national tenants and is described as being across from the Long Island Rail Road in Glen Cove’s North Shore “Gold Coast” area.
The remarks also note nearby transportation and development activity, including the newly completed Glen Cove Ferry Terminal on the Glen Cove waterfront and an RXR Garvies Point development expected to open Phase I in Fall 2019, with 552 units of housing and 20 acres of open public space.
The property is located within B-2 zoning. Per the provided description, B-2 is a peripheral commercial district with additional special uses referenced from B-1. The assemblage is positioned near national tenants and is described as being across from the Long Island Rail Road in Glen Cove’s North Shore “Gold Coast” area.
The remarks also note nearby transportation and development activity, including the newly completed Glen Cove Ferry Terminal on the Glen Cove waterfront and an RXR Garvies Point development expected to open Phase I in Fall 2019, with 552 units of housing and 20 acres of open public space.
Key Highlights
- Three adjacent tax lots: 5–7 Cedar Swamp Road and 4–6 Russell Place, totaling four homes and 8 residential units
- Total land area of 30,000 SF (0.69 acres) with B‑2 zoning (peripheral commercial district)
- B‑2 zoning includes additional special uses from B‑1 zoning for the central commercial district
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
Explore this area
Business Placement
Demographics for 11542, NY
29,171
Population
11,374
Households
2.6
Avg Household Size
43
Median Age
41%
College-Educated
86%
High-School Grad
6.7 sq mi
ZIP Area
4,354
Density / Sq Mi
$92,284
Median Household Income
$52,855
Median Earnings
$2,350
Median Rent
$659,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Three adjacent tax lots totaling four homes and eight residential units, zoned B-2.
Where is this apartment building located?
The property is located at 5-7 Cedar Swamp Rd Glen Cove, NY.
What are key features of this property?
This property features: Three adjacent tax lots: 5–7 Cedar Swamp Road and 4–6 Russell Place, totaling four homes and 8 residential units; Total land area of 30,000 SF (0.69 acres) with B‑2 zoning (peripheral commercial district); B‑2 zoning includes additional special uses from B‑1 zoning for the central commercial district
