Glen Cove Leased Investment
58 Landing Road Glen Cove, NY 11542
58 Landing Road, Glen Cove, NY, 11542
Contact for pricing
For Sale
Contact for pricing
Pending
Fully leased commercial property with two established food/beverage tenants.
Property Size6,112 SF
Days on Market66
Property Features for 58 Landing Road
General Information
- Standard status
- Pending
- Size
- 6,112 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1917
Listing Agency
Douglas Elliman Real Estate
Listed by
George Panagopoulos
Source
Crexi
Added: May 14 Checked: Jul 17 at 2:57 am
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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
Similar For Sale Nearby
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.
