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$ 899,000
Est. payment | /mo
4,464 Sqft Lot
$ 899,000
Est. payment | /mo
4,464 Sqft Lot
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
Listed by Exit Realty Achieve • Jeffrey Mistretta CBR
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William Gomez
Real Estate Professional | License ID: 10401391422