Angelo Famiglietti Acquires Mixed-Use Property In Glen Cove From Steven Oppedisano For $2.1M
81 Glen Cove Avenue
$2,100,000
$305/SF
Building Size
6,884 SF
Asset Type
Mixed-use
Closing
May 11, 2025
AI
The property involved in this transaction is a mixed-use asset located at 81 Glen Cove Avenue in Glen Cove. The sale was completed for a total price of $2,100,000, encompassing a total square footage of 6,884 with a price per square foot of $305.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,100,000
- Address: 81 Glen Cove Avenue
- Market: Glen Cove
- Square Footage: 6,884
- Price per Square Foot: $305
- Buyer: Angelo Famiglietti
- Seller: Steven Oppedisano
- Brokers: Luca DiCiero, Giuseppe Gregorio, Claudia Sofia Florio & Richard Florio - NY Space Finders
In this transaction, Angelo Famiglietti is the buyer, while Steven Oppedisano has sold the property. The brokerage involved, NY Space Finders, was represented by brokers Luca DiCiero, Giuseppe Gregorio, Claudia Sofia Florio, and Richard Florio, facilitating the successful deal.
Players
Glen Cove Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93