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$ 950,000
Est. payment /mo
Active
61 1/2 Glen Street Glen Cove, NY 11542
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 855051
Rental Info No
Annual Tax Amount $21,678
Property Sub-Type Mixed Use
Source onekey2
Property Description
Seller Financing Available for 20 years, 30 year amortization at 8% rate! 10-20% Down Payment required! Look no further than this fantastic opportunity to buy a fully rented commercial building deep in the heart of Glen Cove. Restaurant has 9 years remaining on lease with a 3% increase every July. Restaurant also pays for any increases in Taxes. Both apartments above full rented. Sellers pay Taxes, 40% of the water bill ($625 annually) and Insurance (3,394.45)
Tenants pay heat, electric & 60% of water bill. Don't miss this fantastic opportunity!
Tenants pay heat, electric & 60% of water bill. Don't miss this fantastic opportunity!
Location
State NY
County Nassau County
Rooms
Basement See Remarks
Interior
Heating Natural Gas
Cooling Ductless
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Connected, Phone Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by Signature Premier Properties • Anthony Zanni
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Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
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