73 Glen Cove RdGreenvale, NY 11548

  • Office buildings
  • 2,648 SF
For Sale

Property Details for 73 Glen Cove Rd

Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.18 AC
Property size (Sq ft)
2,648 SF
Property type
Office buildings
APN
20-00N-00-0060
APU
2000N000060

Description

This exceptional 2,648-square-foot Class A medical office space is ideally situated at 73 Glen Cove Road in Greenvale, NY, 11548. Built in 1990, this multi-tenant property boasts a prime location on heavily trafficked Route 107 (Glen Cove Road), offering excellent signage and visibility. Convenient access is provided via the Long Island Expressway and Northern State Parkway. The space is currently divided to accommodate two users, featuring separate waiting rooms (one with capacity for 10 people, the other for 6), reception areas (each accommodating 2 people), and multiple exam and consultation rooms. Specific layouts include three exam rooms (3-person capacity) and four exam rooms (4-person capacity), along with a consultation room and a consultation room with a private bathroom. Additional features include two offices, two labs, two storage rooms, and two handicapped-accessible bathrooms. The building offers a full security system and a private parking lot with approximately 13 spaces, supplemented by ample permit parking in a nearby municipal lot. The property is fully equipped with gas-fired HVAC units and is zoned for Business B-A use. This fully built-out space presents a turnkey opportunity for dental or other medical practices.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $437,794
    6.5%
    $404,117
    7%
    $375,252
  • Comparable approach

    Method
    Valuation
    Relative Method
    $345,988
    Geo Method
    $345,988
  • Alternative Use

    Use
    Valuation
    Residential
    $501,105
    Hospitality
    $459,010
    Educational
    $381,891
    Medical
    $395,024
    Retail
    $594,052
73 Glen Cove Rd, Greenvale, New York

Location Insight

City
Greenvale
County
Nassau
State
New York
Latitude
40.8136
Longitude
-73.6275
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,141
$2,147
$2,168
$4,315
-
-
-
$431,500

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