Oyster Bay, NY 11547

Property

Ownership: For Sale
Type: Retail
Lot Size: 0.4 Acres

Financials

Price:$2,580,000
Annual Taxes:$23,528
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of Chase Global Realty Corp

133 Glenwood Rd, Glenwood Landing, NY 11547 Exceptional commercial warehouse investment opportunity located in the desirable North Shore of Long Island.

Description

133 Glenwood Rd, Glenwood Landing, NY 11547 Exceptional commercial warehouse investment opportunity located in the desirable North Shore of Long Island. Situated on approximately 0.417 acres (18,164 SF lot) with an approximately 7,560 SF building, this versatile income-producing property offers stable cash flow, multiple tenants, and excellent long-term appreciation potential. Currently leased to a diverse mix of established businesses, the property generates a gross monthly rental income of approximately $13,577 (approximately $162,900 annually) while benefiting from low annual property taxes of approximately $23,528. Current rental income includes: * High-end Design Company: $6,000/month * Fishing Supply Business: $2,200/month * Lumber Company: $3,100/month * Rear Yard Storage/Yard Lease: $1,050/month * Parking Income: $300/month * Storage Rental: $927/month Investment Highlights: * Approx. 18,164 SF lot with 7,560 SF commercial building * Stable multi-tenant income with diversified rental sources * Opportunity to increase future income through lease adjustments * Excellent owner-user or investment opportunity * Ideal for warehouse, showroom, distribution, light industrial, and commercial uses (subject to zoning and approvals) * Rare North Shore commercial asset with strong cash flow and long-term appreciation potential * Attractive option for 1031 Exchange buyers and long-term investors seeking stable income Conveniently located with easy access to major transportation routes, this well-maintained commercial property offers a unique combination of dependable cash flow, flexible commercial use, and future upside in one of Long Island’s most desirable business corridors.

Amenities

  • Electricity Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.