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$ 799,000
Est. payment | /mo
4,486 Sqft Lot
$ 799,000
Est. payment | /mo
4,486 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 997737
Rental Info No
Year Built 1917
Annual Tax Amount $28,417
Lot Size 4,486 Sqft
Acres 0.103
Property Sub-Type Retail
Source onekey2
Property Description
Fully leased two-tenant commercial investment opportunity positioned at the visible corner of Landing Road and Miller Street in Glen Cove. Listed under 58 Landing Road for address/geocoding purposes, this offering includes both 58 & 60 Landing Road, sold together as one combined commercial investment property. Offered at $799,000, the property features approximately 6,112 total building sq. ft. per public records, including two established food/beverage tenants with approximately 3,680 sq. ft. of tenant/leasable area and a full basement/storage area with walk-in cooler. Owner-provided 2025 financials reflect $95,178.12 in gross rental income, $42,837.89 in operating expenses, and $52,340.23 in NOI, representing an approximate 6.55% cap rate at the asking price, subject to buyer verification. The property offers existing restaurant infrastructure, central air, forced air heat, public water/sewer, and current income with future upside potential. A strong fit for investors, 1031 exchange buyers, and local commercial owners seeking Long Island retail exposure. Please do not disturb tenants. Financials, leases, survey, and insurance information available upon request to qualified buyers.
Location
State NY
County Nassau County
Rooms
Basement Full, Storage Space, Walk-Out Access
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features On Street
Utilities Available Electricity Available, Sewer Connected, Water Connected
Total Parking Spaces 2
Building
Lot Description Corner Lot, Level
Story 1
Sewer Public Sewer
Water Public
Structure Type Block,Brick,Frame,Stone,Stucco
Schools
High Schools Glen Cove
School District Glen Cove
Others
Special Listing Condition None
Listed by Douglas Elliman Real Estate • George Panagopoulos
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