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    18-38 Garvies Point Rd Glen Cove, NY 11542

    Sponsored
    For Lease
    $20 SF/Yr

    Multi-tenant industrial building, flexible spaces.

    Lot size:
    185,944 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional multi-tenant industrial/flex building at 18-38 Garvies Point Road, Glen Cove, NY 11542, offers a diverse range of spaces ideal for manufacturing, flex, warehouse, distribution, or R&D operations. Located in Nassau County, this property boasts a total of 185,944 square feet, with 45,996 square feet currently vacant and available for lease. Units range from a minimum of 8,477 square feet to a maximum contiguous space of 16,298 square feet, providing flexibility for businesses of various sizes. The building features a majority of 14'3" ceiling heights, with some areas boasting impressive 21'3" ceilings. Loading and drive-in capabilities are provided via one loading dock and one drive-in door. The property sits on a generous 8.45-acre lot, offering ample space for maneuvering and potential expansion. This prime location in Glen Cove provides easy access to major transportation routes, making it an attractive option for businesses seeking efficient logistics and distribution capabilities. The property's versatile design and ample space make it a highly desirable location for a variety of industrial and commercial uses. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional industrial property.

    Property Features for 18-38 Garvies Point Rd

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    185,944 SF
    Total Rate
    321528.17

    Unit(s) available at that property

    Space
    Unit 26
    Size
    9,600 SF
    Rate per SF
    $20
    Space
    Unit 31
    Size
    8,477 SF
    Rate per SF
    $20
    Space
    Unit 35
    Size
    11,621 SF
    Rate per SF
    $20
    Space
    Unit 33
    Size
    16,298 SF
    Rate per SF
    $20

    HighLights

    • 185,944 SF multi‑tenant industrial/flex building with 45,996 SF currently available for lease.
    • Excellent for warehouse distribution and manufacturing.
    • Rare availability in Northern Nassau County.
    • Ample parking and yard space on an 8.45‑acre lot.
    • 1.8 miles to LIRR Glen Street Station.
    • Located across the street from the Glen Cove Ferry Terminal and one block from The Beacon at Garvies Point.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -73.64321657
    Latitude
    40.85884186

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    FAQs

    What type of property is this?
    Life science property - Multi-tenant industrial building, flexible spaces.
    Where is this life science property located?
    The property is located at 18-38 Garvies Point Rd Glen Cove, NY.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 185,944 SF multi-tenant industrial/flex building with 45,996 SF currently available for lease.; Excellent for warehouse distribution and manufacturing.; Rare availability in Northern Nassau County.
    Request Owner's contact information
    18-38 Garvies Point Rd Glen Cove, NY 11542
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    Realmo Value Estimation

    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.

    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.

    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
    18-38 Garvies Point Rd Glen Cove, NY 11542
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