58 Landing Road, Glen Cove, NY 11542
Nassau County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1917
Stories
1
Living Area
6,112 sq ft
Lot Size
0.10 acres
Parking Spaces
2
Days on Market
22
MLS® Listing#
997737
Property Features
- Cooling:
- Central Air
- Heating:
- Forced Air
- Basement:
- Full, Storage Space, Walk-Out Access
- Parking:
- On Street
- Lot Features:
- Corner Lot, Level
- Construction:
- Block, Brick, Frame, Stone, Stucco
- Utilities:
- Electricity Available, Sewer Connected, Water Connected
- Sewer:
- Public Sewer
- Water Source:
- Public
HOA & Tax
- Annual Tax:
- $28,417
- Assessed Value:
- $5,135
- Parcel #:
- 0600-31-018-00-0522-0
Directions
GPS: Search “58 Landing Road, Glen Cove, NY 11542.” Offering includes both 58 & 60 Landing Road. Located at the corner of Landing Road and Miller Street. Do not search “5860 Landing Road.”
Affordability Calculator
$159,800
Estimated monthly payment
$4,253/mo
Principal $639,200 · Est. interest $891,741 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Glen Cove, NY
- $850,000
- Median Listing Price
- 52
- Median Days on Market
- 1,869
- Median Sq Ft
- $510
- Median Price / Sq Ft
- 169
- Active Listings
- This home’s price is 6% below the area median.
- Its price per sq ft is 74% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Glen Cove, NY.
Location
- 58 Landing Road, Glen Cove, NY 11542
Nearby Schools
Landing Elementary School
Elementary · 0.4 mi away
Deasy School
Elementary · 0.6 mi away
Robert M Finley Middle School
Secondary · 0.7 mi away
St Paul's Nursery & Pre K School
School · 0.7 mi away
North Shore Day School
School · 0.8 mi away
Gribbin Elementary School
Elementary · 1.1 mi away
Glen Cove High School
Secondary · 1.1 mi away
All St Regional Catholic School
School · 1.2 mi away
Tiegerman Middle School
Elementary · 1.4 mi away
Sea Cliff Elementary School
Elementary · 1.5 mi away
The Ladybug Playhouse Nursery School
School · 1.6 mi away
Connolly School
Elementary · 2.0 mi away
Tyree School
School · 2.0 mi away
North Shore High School
Secondary · 2.2 mi away
North Shore Middle School
Elementary · 2.2 mi away
Friends Academy
School · 2.4 mi away
Little Scholars Country Day School
Elementary · 2.4 mi away
Glen Head Elementary School
Elementary · 2.6 mi away
Glenwood Landing Elementary School
Elementary · 2.8 mi away
Child's World Nursery School
School · 2.9 mi away
Commute Calculator
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EXIT Agents in Glen Cove
Listing Courtesy: Douglas Elliman Real Estate - 5166213555
Presented by: George Panagopoulos
Fair Housing Notice