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$899,000
Est. payment /mo
4,464 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 910935
Rental Info No
Year Built 1927
Annual Tax Amount $25,067
Lot Size 4,464 Sqft
Acres 0.1025
Property Sub-Type Business
Source onekey2
Property 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 tenants
Central air and heating in both units
Expansive 2,432 sq. ft. basement with walk-in cooler beneath the restaurant
Prime corner location with excellent visibility and convenient parking
5.6% cap rate at $1,000,000 asking price
This is a turnkey, income-producing investment in a thriving Long Island market. Perfect for those seeking a stable return and long-term value.
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 tenants
Central air and heating in both units
Expansive 2,432 sq. ft. basement with walk-in cooler beneath the restaurant
Prime corner location with excellent visibility and convenient parking
5.6% cap rate at $1,000,000 asking price
This is a turnkey, income-producing investment in a thriving Long Island market. Perfect for those seeking a stable return and long-term value.
Location
State NY
County Nassau County
Rooms
Basement Full, See Remarks, Walk-Out Access
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Utilities Available None
Total Parking Spaces 2
Building
Story 1
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
Others
Special Listing Condition None
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Listed by Exit Realty Achieve • Jeffrey Mistretta CBR