133 Glenwood Road, Oyster Bay, NY, 11547
$2,580,000
activeLot Size
18,147 sqft
Year Built
1971
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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.
Listed by Sophia X. Yao, Chase Global Realty Corp
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