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    Two-Building Mixed-Use Property Title is generated by Realmo AI

    410-412 N Wantagh Avenue, Bethpage, NY 11714

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    Claim this Listing
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    For Sale
    $1,580,000

    MULTI_FAMILY - Bethpage, NY

    Property size:
    4,900 SF
    Price / SF:
    $322/SF
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 4:06 pm

    Property Features for 410-412 N Wantagh Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 2, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 3
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    46-M-239

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    32685

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1949
    Number of units
    2

    We can help!

    Listing Contact
    Shuang Ye Xia

    Listing agent Shuang Ye Xia

    Listing office Prospes Real Estate Corp 198-08 33RD Ave Back Office, Flushing, NY

    Listing date Jun 3, 2026

    MLS# 1008571 Listing URL

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Mixed‑use package with two separate buildings and approximately 4,900 Sqft combined interior space
    • Commercial restaurant building with approximately 2,500 Sqft, prominent signage, and strong exposure on a busy commercial corridor
    • Residential 1‑family building with approximately 2,400 Sqft, with flexible space for rental income
    • Large private parking lot accommodates approximately 18 vehicles
    • Flexible commercial usage possibilities include restaurant, deli, beauty salon, nail salon, tutoring center, office, medical use, and retail
    • Utilities and services include public water and public sewer; natural gas heating and central air

    Overview

    This for-sale mixed-use package includes two separate buildings with approximately 4,900 square feet of combined interior space. The commercial building is configured as a restaurant with approximately 2,500 square feet, and it features prominent signage and visibility along the corridor. The residential building is a one-family property with approximately 2,400 square feet, presented as a spacious residential setup. The property can be delivered vacant at closing.

    Located at 410-412 N Wantagh Avenue in Bethpage, the buildings are positioned on a busy commercial corridor with heavy pedestrian and vehicle exposure. The setting includes mature surrounding businesses, supporting day-to-day customer traffic for a retail or service use. A large private parking lot accommodates approximately 18 vehicles, providing convenient on-site parking for customers and residents.

    The asset offers flexible use for the commercial portion, with compatibility described for options such as restaurant, deli, beauty and nail salon, tutoring center, office, medical use, and retail. For investors and owner-operators, the combination of a restaurant-ready commercial space and an attached one-family residence creates a practical mixed-use profile in a single, easily managed offering.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bethpage
    County
    Nassau
    State
    New York
    Longitude
    -73.495476
    Latitude
    40.735893

    Nearby Similar for Sale

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    • $1,349,000

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    • $699,000

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    • $1,099,888

      Move-In Ready Bethpage Multi-Family Residence

      Legal 2-family residence with flexible layout and impressive curb appeal.
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    FAQs

    What type of property is this?
    Mixed-use property - Two separate buildings combine restaurant and a one-family residence, supported by private parking for about 18 vehicles.
    Where is this mixed-use property located?
    The property is located at 410-412 N Wantagh Avenue Bethpage, NY.
    What is the asking price?
    The asking price for this property is $1,580,000.
    What are key features of this property?
    This property features: Mixed‑use package with two separate buildings and approximately 4,900 Sqft combined interior space; Commercial restaurant building with approximately 2,500 Sqft, prominent signage, and strong exposure on a busy commercial corridor; Residential 1‑family building with approximately 2,400 Sqft, with flexible space for rental income
    (917) 369-0987
    We can help!
    Listing Contact
    Shuang Ye Xia
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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