This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Corner Northern Blvd & Rt 107 5055 Northern Blvd
5,000 SF Vacant Retail Building Glen Head, NY 11545 $5,377,038 CAD ($1,075 CAD/SF) 5.34% Cap Rate
Investment Highlights
- Approximately 80,000 cars daily
- Call or Text Phil at (516) 829-2205 for more information today!
Executive Summary
Open up with a lucrative and profitable convenience or 7-Eleven-type setup in this location. Add 12 charging stations for all those with electric cars, pay air pumps, and possibly a car wash/detailing business. Medical facility is possible.
All gas storage tanks have been removed.
Wealthiest & Busiest Corner/Oyster Bay/Village of Brookville
The corner of Northern Blvd (Rd25A and Rt 1070/Hegeman Lane) features:
Freestanding location at "Main and Main" on the North Shore
Greatest wealth concentration of any site on the North Shore's "Gold Coast."
Average household income of $225,000+
Obvious billboard location
Heavy traffic signalized Intersection.
Unique monopoly because zoning prevents any new competitors within 2.5 miles
Cross Street: Hegeman Ln. Directions: Northern Blvd., Corner of Hegeman Lane.
Wealthiest & Busiest Corner/Oyster Bay/Village of Brookville
The corner of Northern Blvd (Rd25A and Rt 107 features:
Freestanding location at "Main and Main" on the North Shore
Greatest wealth concentration of any site on the North Shore's "Gold Coast."
Average household income of $225,000+
Obvious billboard location
Heavy traffic signalized Intersection ( 60,000+ cars per day!)
Unique monopoly because zoning prevents any new competitors within 2.5 miles
Taxes:
County: $7,536
School: $29,402
Total Taxes: $36,938
ALSO FOR RENT contact broker, Phil Raices (516) 647-4289. Other gas stations are available.
Financial Summary (Pro forma - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$340,181
|
$68.04
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$340,181
|
$68.04
|
| Taxes |
$52,357
|
$10.47
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$52,357
|
$10.47
|
| Net Operating Income |
$287,824
|
$57.56
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $340,181 |
| Annual Per SF | $68.04 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $340,181 |
| Annual Per SF | $68.04 |
| Taxes (CAD) | |
|---|---|
| Annual | $52,357 |
| Annual Per SF | $10.47 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $52,357 |
| Annual Per SF | $10.47 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $287,824 |
| Annual Per SF | $57.56 |
Property Facts
Amenities
- Corner Lot
About 5055 Northern Blvd , Glen Head, NY 11545
On Almost Half An Acre Of Prime Property. This phenomenal opportunity to build a new Gas & Go Station. Tremendous upside potential. All gas storage tanks have been removed. 60,000+ cars pass this location daily. Open up with a lucrative and profitable convenience or 7-Eleven-type setup in this location. Add 12 charging stations for all those with electric cars, pay air pumps, and possibly a car wash/detailing business. Could be a Medical facility. All gas storage tanks have been removed. Wealthiest & Busiest Corner/Oyster Bay/Village of Brookville The corner of Northern Blvd (Rd25A and Rt 1070/Hegeman Lane) features: Freestanding location at "Main and Main" on the North Shore Greatest wealth concentration of any site on the North Shore's "Gold Coast." Average household income of $225,000+ Obvious billboard location Heavy traffic signalized Intersection. Unique monopoly because zoning prevents any new competitors within 2.5 miles Cross Street: Hegeman Ln. Directions: Northern Blvd., Corner of Hegeman Lane. ALSO FOR RENT contact broker, Phil Raices (516) 647-4289. Other gas stations are available.
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 1,000-5,000 SF
- Retail
- -
- To Be Determined
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,000-5,000 SF | Retail | - | To Be Determined |
1st Floor
| Size |
| 1,000-5,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| To Be Determined |
PROPERTY TAXES
| Parcel Number | 2415-22-027-00-0027-0 | Total Assessment | $16,500 CAD |
| Land Assessment | $9,538 CAD | Annual Taxes | $52,357 CAD ($10.47 CAD/SF) |
| Improvements Assessment | $6,962 CAD | Tax Year | 2024 |
PROPERTY TAXES
-
Phil Raices -
Turn Key Real Estate
Presented by
Corner Northern Blvd & Rt 107 | 5055 Northern Blvd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.