SOLD: Income Producing Commercial Properties in Glen Cove, NY

This property has sold

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

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)

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