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    81 Gln Cv Ave Glen Cove, NY 11542-2896
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    Property profile & analytics

    81 Gln Cv Ave Glen Cove, NY 11542-2896


    • Auto shops
    • 3,956 SF
    • 0.50 lot acres
    Off-Market
    Last Sale Feb 19, 2025
    $1,700,000
    Property ID
    US63-3454660
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,465,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ultimate Auto Body Ltd / Auto Repair Shop

    Property Details for 81 Gln Cv Ave

    Year built
    1918
    Construction
    FRAME
    Lot size
    0.50 lot acres
    Property size
    3,956 SF
    Property type
    Auto shops
    APN
    21-009-00-0308
    APU
    21009000308

    Description

    This exceptional investment opportunity presents a well-established, 100% occupied auto shop at 81 Glen Cove Avenue, Glen Cove, NY 11542. The property, a Class B building constructed in 1908 and renovated in 2001, boasts a desirable location directly off Route 107, providing excellent visibility and convenient access to Route 495. The 0.51-acre lot includes a two-story, 1-building structure with high ceilings and features a spray booth, sewer connection, and tow license. The current owner-user operation has enjoyed over 30 years of success and upward trending sales, making this an attractive proposition for both investors and end-users. The property's strategic location within Glen Cove, a city with six existing auto dealerships, further enhances its potential. The existing building sits on a substantial lot with additional wooded land behind the shop, offering potential for future development and expansion. This turnkey operation is offered at $2,950,000 and presents a rare chance to acquire a superior location with steadily increasing returns in a thriving market. The property is zoned for retail use and is an essential business.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,085,000
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,255,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Glen Cove
    County
    Nassau
    State
    New York
    Longitude
    -73.6336
    Latitude
    40.8597
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $3,073
    $4,603
    $4,312
    $8,915
    -
    $0.00
    $0.00
    $891,500
    More about this property
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