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For SaleLuxury

$2,450,000

100 days on market

133 Glenwood Road

Glenwood Landing, NY 11547

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1971

Built

Listing narrative

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.

Listing agent (MLS): Sophia X. Yao · Listing brokerage (MLS): Chase Global Realty Corp

Property Details

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Price

$2,450,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Retail

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

0.42 acres

Year

1971

Status

For Sale

Days on Market

100

· 8% down, 7% APR, 30yr fixed
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Courtesy of Chase Global Realty Corp