58-60 Landing Rd, Glen Cove, NY, 11542
$899,000
Misc
Commercial
Details
ML#: 910935
- # of Families: 2
- Sale or Rent:Sale
- Year Built: 1927
- Taxes: $25,067
- Status:Active
Description
Opportunity knocks with this fully leased two-unit commercial property located at the prominent corner of 58–60 Landing Road in Glen Cove. Featuring a 640 sq. ft. pizzeria and a 3, 040 sq. ft. bar and grill, this property offers investors stability, visibility, and long-term growth potential.Both tenants are responsible for their own utilities and property maintenance, minimizing landlord obligations. Ownership responsibilities are limited, making this an attractive low-maintenance asset.Highlights include:Fully leased with established tenantsCentral air and heating in both unitsExpansive 2, 432 sq. ft. basement with walk-in cooler beneath the restaurantPrime corner location with excellent visibility and convenient parking5.6% cap rate at $1, 000, 000 asking priceThis is a turnkey, income-producing investment in a thriving Long Island market. Perfect for those seeking a stable return and long-term value.
More Property Details
Lot Size: 0.1025
Lot Sq Ft: 4464
Parking Spaces: Yes
Parking Spaces: 2
Stories: 1
Heat: Forced Air
A/C: Central Air
Water: Public
Sewer: Public Sewer
Taxes: $25,067
Zoning: B-1 Central Comm District
Listing Information provided courtesy of
Exit Realty Achieve
631-543-2009