Amandip Singh Acquires Office At 56 School Street Glen Cove For $755,000
56 School Street
$755,000
$279/SF
Building Size
2,700 SF
Asset Type
Office
Closing
Sep 15, 2026
About this deal
AI
The property asset involved in this transaction is an office located at 56 School Street in the Glen Cove market. The sale price was $755,000, and the office has a total square footage of 2,700, resulting in a price per square foot of $279.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $755,000
- Address: 56 School Street
- Market: Glen Cove
- Square Footage: 2,700
- Price Per Square Foot: $279
- Buyer: Amandip Singh
- Seller: Stew Weingold
- Brokers: Luca DiCiero, Nicholas Evangelista & Giuseppe Gregorio - NY Space Finders
The key individuals involved in the deal include buyer Amandip Singh and seller Stew Weingold. The brokerage team representing the transaction is comprised of Luca DiCiero, Nicholas Evangelista, and Giuseppe Gregorio from NY Space Finders.
On the Map
$755,000
$279/SF
Office
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Players
Glen Cove Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
21.01%
Cash-on-Cash
-6.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93