2600-2610 Pettit Avenue Bellmore, NY 11710
Five-unit building with offices and a restaurant/bar, 9' ceilings, 400-amp power, and 68 parking spaces.
Property Features for 2600-2610 Pettit Avenue
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1924
Listing office All Island Estates Realty Corp (516) 279-8828
Listing date Dec 11, 2025
Source Cohenandcohenrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of All Island Estates Realty Corp
Investment Insights
Based on property information with market context.
The property is located on Pettit Avenue in Bellmore, at the Bellmore LIRR station and one block off Sunrise Highway. It is positioned between large municipal parking lots, providing convenient access for patrons and visitors.
Tenancy includes a law office and three additional office suites, along with a restaurant/bar space with stated pro forma income and expenses. The listed pro forma figures include total expenses of $59,175.35 and a pro forma net operating income of $192,824.65.
Key Highlights
- 5‑unit, 9,000 SF retail building in Bellmore built in 1924, including offices and a restaurant/bar
- Pro forma gross income of $252,000 annually with pro forma NOI of $192,824.65 annually (7.28% cap)
- Lease‑ready income: law office $48,000/yr through 3/17/28 plus three office suites at $24,000/yr each (available)
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $251.6k | $27.96 |
| − Vacancy | −$45.3k | −$5.03 |
| EGI | $206.3k | $22.93 |
| − OpEx | −$51.6k | −$5.73 |
| NOI | $154.8k | $17.20 |
