Keen-Summit Capital Partners LLC has been engaged by Applied Systems Marketing, LLC. (Eastern District of New York Bankruptcy Court Case# 8-24-70422-las) in relation to the disposition of the following property:
41-49 Forest Avenue, Glen Cove, NY:
- Two commercial properties on a 1.9 acre parcel with ~241 feet of frontage on Forest Ave.
- Forest Ave is the main thoroughfare through Glen Cove with an average daily traffic count of 18,004 vehicles
- Building 1 (49 Forest Avenue): Single Story Day Care Center
- Gross Building Area: 10,206+/- SF
- Year Built: 1998
- Lease Terms: Expiration Date Aug. 2025 (Renewal option: one 5-year option)
- Building 2 (41 Forest Avenue): Retail Building
- Gross Building Area: 24,040+/- SF
- 10,770+/- SF leasable building area
- 10,770+/- SF basement storage area
- 2,500+/- SF mezzanine space
- Year Built: 2022
- Vacant | Under Construction
- Gross Building Area: 24,040+/- SF
Click Here to Download Flyer
Additional information available with an executed NDA.
Click Here to Download the NDA. Email the executed NDA to Heather Milazzo (hmilazzo@keen-summit.com)
As this is a bankruptcy proceeding, brokers should be paid by their buyer
The auction has yet to be scheduled.
