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About the Listing DERE57 - 187685,218651
Fully leased two-tenant commercial investment opportunity positioned at the visible corner of Landing Road and Miller Street in Glen Cove. Offered at $799,000, 58–60 Landing Road 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. The owner-provided 2025 operating statement reflects $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.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Storage Space,Walk-Out Access
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner Lot,Level,No Waterfront
- Garage Capacity: N/A
- Parking Spaces: 2
- Roof:
- Others: Actual
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $28,417
- Taxes w/Assessments: N/A
- Tax/Property ID: 0600-31-018-00-0522-0
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
58-60 Landing Rd Glen Cove, NY 11542
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