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Cushman & Wakefield.

Cushman & Wakefield announced that the firm has arranged the sale of a 57,708 s/f development site located at 62 Cedar Swamp Road in Glen Cove, New York. The final closing price was $4,050,000. A team consisting of Director Benjamin Efraimov and Senior Associate Kevin Schmitz represented the seller. The property has more than 240 feet of frontage on Cedar Swamp Road and is in the B-2 Peripheral Commercial Zoning District. Within this district, the permitted uses include numerous types of retail. With the latest groundbreaking of Garvies Point Waterfront, the area will include a high volume of new residential units and commercial space.

Caption: BEN EFRAIMOV

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Title Annotation:SALES
Publication:Real Estate Weekly
Date:Oct 18, 2017
Words:110
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