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Glen Cove Leased Investment Opportunity

58 Landing Road Glen Cove, NY 11542

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Fully leased commercial property with two established food/beverage tenants.

Type:Retail
Property size:
6,112 SF
Price / SF:
$130/SF
Added:
May 14, 2026
Days on Market:
60
Last Refresh:
Jun 25 at 10:37 pm

Property Features for 58 Landing Road

General Information

Standard status
Active
Size
6,112 SF
Property subtype
Retail

Building Details

Year Built
1917

Listing office Douglas Elliman Real Estate

Listing date May 14, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate


Investment Insights

Based on property information with market context.

This fully leased, two-tenant commercial investment opportunity is located at the corner of Landing Road and Miller Street in Glen Cove. The property, listed under 58 Landing Road for address/geocoding purposes, includes both 58 & 60 Landing Road, sold together as one combined commercial investment property. The property features approximately 6,112 total building square feet, including approximately 3,680 square feet of tenant/leasable area and a full basement/storage area with walk-in cooler. It is occupied by two established food/beverage tenants. The property has existing restaurant infrastructure, central air, forced air heat, and public water/sewer. According to owner-provided 2025 financials, the gross rental income is $95,178.12, operating expenses are $42,837.89, and NOI is $52,340.23, representing an approximate 6.55% cap rate at the asking price, subject to buyer verification. The property offers current income with future upside potential and is suitable for investors, 1031 exchange buyers, and local commercial owners seeking Long Island retail exposure. Financials, leases, survey, and insurance information are available upon request to qualified buyers.

Key Highlights

  • Fully leased two‑tenant commercial property with established food/beverage tenants.
  • Visible corner location at Landing Road and Miller Street in Glen Cove.
  • Generates $52,340.23 Net Operating Income (NOI) with an approximate 6.55% cap rate.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

La Vicharra Restaurant La Vicharra grill Restaurant

Suggested Use

Parking Lot & Garage Catering Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Plumbing Service Bar & Pub Storage Facility Hotel & Motel Carpet & Flooring Store Real Estate Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Fully leased commercial property with two established food/beverage tenants.
Where is this retail space located?
The property is located at 58 Landing Road Glen Cove, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Fully leased two‑tenant commercial property with established food/beverage tenants.; Visible corner location at Landing Road and Miller Street in Glen Cove.; Generates $52,340.23 Net Operating Income (NOI) with an approximate 6.55% cap rate.
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