Berkshire Hathaway Commercial Services is proud to represent 54 Covert Avenue in Stewart Manor.

This is a 2,650 SF retail property currently occupied by Payless Carpet and Tile, a long-standing tenant that has successfully operated at the location for over 20 years. The tenant is willing to remain in place with a new five-year lease at $4,000 per month plus all utilities, providing immediate and stable income for an incoming owner or investor. Alternatively, the property can be delivered vacant for an owner opoortunity.

The building benefits from free rear parking and convenient metered street parking in the front, offering excellent accessibility for customers and deliveries. Recent capital improvements include the installation of a new hot water heater in February 2026. The property is strategically positioned within close proximity to several major roadways, located approximately 0.6 miles south of Jericho Turnpike, 0.20 miles south of Stewart Avenue, and 0.25 miles north of Tulip Avenue, making it highly accessible from surrounding neighborhoods and commercial corridors.

The surrounding area continues to experience growth, with a new residential development consisting of 12 apartment units currently under construction directly across the street. Additionally, Sewanhaka High School is located just one block south, generating consistent daily foot and vehicle traffic.

This property presents a strong opportunity to acquire a well-located retail asset with an established tenant and new lease terms in a growing, transit-accessible community.

Please give us a call for the full Offering Memorandum | 516 703 2300