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Mixed-Use

80 Glen Head Rd

80 Glen Head Rd, Glen Head, NY 11545

Listing Price: $4,600,000

Cap Rate
5.36%
Number of Units
15
Price/Unit
$306,667
Price/Gross SF
$369.66
Gross SF
12,444

Investment Overview

Marcus & Millichap is pleased to present 80 Glen Head Road, a mixed-use property located in Glen Head, New York. The subject property rests on a 0.67-acre parcel with approximately 11,645 square-feet of gross leaseable space with additional leaseable space of 1,600 square-feet in lower level. Renovated in 2017, this property presents investors with a rare opportunity to acquire nine (9) commercial suites and six (6) residential apartments. One of the nine commercial suites can be subdivided into two or more commercial suites. The apartment mix consists of three (3) one-bedrooms and three (3) two-bedrooms. Located adjacent to the Glen Head Long Island Rail Road Station, the subject property benefits from its prominent location supported by strong real estate fundamentals. Within a three-mile radius the area is home to over 60,000 residents with an average household income of $173,000. Additional information is available upon request.

Investment Highlights

  • 9+ Commercial Suites and 6 Residential Units
  • Steps to Glen Head LIRR Station
  • Strong Area Demographics

Exclusively Listed By

  • Michael Tuccillo

    Licensed Associate Real Estate Broker

    (212) 430-5196

    Email Michael

    License(s): NY: 10301217094, NY: 10491208938

    Manhattan

Financing By

Listing Price: $4,600,000

Cap Rate
5.36%
Number of Units
15
Price/Unit
$306,667
Price/Gross SF
$369.66
Gross SF
12,444

Investment Highlights

  • 9+ Commercial Suites and 6 Residential Units
  • Steps to Glen Head LIRR Station
  • Strong Area Demographics

Investment Overview

Marcus & Millichap is pleased to present 80 Glen Head Road, a mixed-use property located in Glen Head, New York. The subject property rests on a 0.67-acre parcel with approximately 11,645 square-feet of gross leaseable space with additional leaseable space of 1,600 square-feet in lower level. Renovated in 2017, this property presents investors with a rare opportunity to acquire nine (9) commercial suites and six (6) residential apartments. One of the nine commercial suites can be subdivided into two or more commercial suites. The apartment mix consists of three (3) one-bedrooms and three (3) two-bedrooms. Located adjacent to the Glen Head Long Island Rail Road Station, the subject property benefits from its prominent location supported by strong real estate fundamentals. Within a three-mile radius the area is home to over 60,000 residents with an average household income of $173,000. Additional information is available upon request.

Exclusively Listed By

  • Michael Tuccillo

    Licensed Associate Real Estate Broker

    (212) 430-5196

    Email Michael

    License(s): NY: 10301217094, NY: 10491208938

    Manhattan

Financing By

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