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Property profile & analytics
OFF-MARKET Estimated value $2,575,000
Retail space

45 Gln Cv Rd Greenvale, NY 11548-1057

3,010 SF 0.24 ac lot Built 1964
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US63-1676448
Property summary
AI-generated overview

This exceptional 1,200 square foot retail storefront is ideally situated at 45 Glen Cove Road in Greenvale, New York, 11548. Located in the bustling shopping district of Greenvale/Roslyn, this single-tenant space offers unparalleled visibility and accessibility. The property boasts a highly desirable location directly on Glen Cove Road, ensuring maximum exposure to a substantial daily traffic count exceeding 38,000 vehicles. The ground floor space features floor-to-ceiling windows, providing excellent natural light and showcasing the interior to passersby. The entire 1,200 square feet is currently vacant and ready for immediate occupancy, presenting a unique opportunity for a variety of retail businesses. This prime location offers significant potential for growth and success within a thriving commercial area. The property's convenient access and high visibility make it an exceptional investment opportunity for discerning entrepreneurs seeking a strong foothold in the Long Island market. This is a rare chance to secure a prominent retail space in a high-traffic area with excellent visibility and immediate occupancy potential. The property is classified as Commercial, Storefront and is a single-tenant space.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,010 SF
Lot 0.24 ac (10,549 SF)
APN 20-00N-00-0604
UPID US63-1676448
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gold Coast Jewelers (Bike/Boat/Book/etc) Store
  • Evict Quick New York Law Firm
  • Daniela Miller, BERKSHIRE HATHAWAY Real Estate Agency
  • Edward “Eddie Addeo Licensed Real Estate Sales Professional At Berkshire Hathaway HS LFI Real Estate Agency
  • The Law Office of Leo Shalit, P.C. Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.68M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.70M
Blend (final) Blend
$2.58M
Owner & transaction history
45 Glen Cove Holdings LLC · 4 yrs held
45 Glen Cove Holdings LLC
since 2022
Last sale
$2.6M
2 recorded transactions
2022
$2.6M
2011
$1.5M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $2.6M +54.0%
Office building $2.1M +23.8%
Auto repair, garage $2.0M +15.3%
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