Overview

Extraordinary office condo of 2,858 sq. ft. available for sale. Investment opportunity with a strong tenant with 4.5 years of the initial lease term & a 5 year option to renew. NOI is $35,118. Sale Price: $775,000. CAP Rate = 4.5%. 9 offices, conference room, reception, breakroom/kitchenette, and 2 exits. Metered electricity with separate HVAC. Corner unit with windows on two sides. Private bathroom + hallway restrooms. Easy access to the elevators and a large free parking lot. Attached to the 3rd tier level City of Glen Cove municipal parking lot from the rear entrance of the building.

  • Status For Sale
  • Area 2,858 Sq. Ft.
  • Location Glen Cove, NY
  • Type Office
  • Price$775,000
  • Listing Agent:John Magnani
  • Contact Number:917.821.8587

Location

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