1 Continental Hl
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1 Continental Hl
15,125 SF Industrial Building Glen Cove, NY 11542 £2,588,553 (£171/SF)
Investment Highlights
- Ideal for owner-user
- Delivered vacant
- Ample on-site parking
Executive Summary
RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of 1 CONTINENTAL HILL — in Glen Cove.
The subject property is a 15,125 square foot building on a 35,218 square foot lot in the City of Glen Cove, New York.
The building will be delivered vacant at closing, providing an opportunity for an owner-operator to occupy the space for their own business.
The front of the building is divided into three spaces with overhead doors in the front, while the rear portion boasts ample warehouse & storage space with high ceilings, open floorplan and usable basement. Ideal location for warehouse, manufacturing and distribution.
The property is zoned R-4B, which permits special uses at the discretion of the Planning Board, including changes in noncomplying buildings, churches and places of worship.
The subject property is a 15,125 square foot building on a 35,218 square foot lot in the City of Glen Cove, New York.
The building will be delivered vacant at closing, providing an opportunity for an owner-operator to occupy the space for their own business.
The front of the building is divided into three spaces with overhead doors in the front, while the rear portion boasts ample warehouse & storage space with high ceilings, open floorplan and usable basement. Ideal location for warehouse, manufacturing and distribution.
The property is zoned R-4B, which permits special uses at the discretion of the Planning Board, including changes in noncomplying buildings, churches and places of worship.
Data Room Click Here to Access
- Offering Memorandum
Taxes & Operating Expenses (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
£17,318
|
£1.15
|
| Operating Expenses |
£2,950
|
£0.20
|
| Total Expenses |
£20,268
|
£1.34
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes | |
|---|---|
| Annual | £17,318 |
| Annual Per SF | £1.15 |
| Operating Expenses | |
|---|---|
| Annual | £2,950 |
| Annual Per SF | £0.20 |
| Total Expenses | |
|---|---|
| Annual | £20,268 |
| Annual Per SF | £1.34 |
Property Facts
Amenities
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Water - City
- Sewer - City
- Heating - Electric
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Walk Score ®
Very Walkable (87)
PROPERTY TAXES
| Parcel Number | 0600-21-009-00-0006-0 | Total Assessment | £5,492 |
| Land Assessment | £3,790 | Annual Taxes | £17,318 (£1.15/sf) |
| Improvements Assessment | £1,702 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
0600-21-009-00-0006-0
Land Assessment
£3,790
Improvements Assessment
£1,702
Total Assessment
£5,492
Annual Taxes
£17,318 (£1.15/sf)
Tax Year
2024
zoning
| Zoning Code | Commercial/Residential |
| Commercial/Residential |
-
Jonathan Winzelberg -
RIPCO Real Estate
(516) 933-8880
x1031
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1 Continental Hl
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