facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

70 Glen Cove Avenue

Constantino Alves Of Signature Premier Properties Represents Sale Of Multifamily Asset In Glen Cove For $2,000,000
SOLDMultiFamily

Constantino Alves Of Signature Premier Properties Represents Sale Of Multifamily Asset In Glen Cove For $2,000,000

70 Glen Cove Avenue & 68 Glen Cove Avenue

$2,000,000

$89/SF

Building Size

20,468 SF

Asset Type

MultiFamily

Closing

May 4, 2026

AI

The property asset involved in the transaction is a multifamily building located at 68-70 Glen Cove Avenue in Glen Cove, NY. It was sold for $2,000,000 with a total square footage of 20,468, reflecting a price per square foot of $97.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $2,000,000
  • Address: 68-70 Glen Cove Avenue
  • Market: Glen Cove, NY
  • Square Footage: 20,468
  • Price Per Square Foot: $97
  • Broker: Constantino Alves - Signature Premier Properties

Constantino Alves represented the seller in this transaction, facilitating the deal through Signature Premier Properties, showcasing the professional brokerage service involved in the process.

Players

Constantino Alves

Signature Premier Properties

Broker
Broker

Glen Cove MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93