5-Unit Mixed-Use
For Sale
$2,350,000
2600-2610 Pettit Avenue, Bellmore, NY 11710
The building combines office suites with restaurant and bar space, plus a basement and rear yard.
Property Size9,000 SF
Price / SF$261.11
Days on Market320
Property Features for 2600-2610 Pettit Avenue
General Information
Standard status
Active
Size
9,000 SF
Total Parking Spaces
68
Property subtype
Commercial
Zoning
481.4
Net Operating Income
$192,824
Site & Location
Highway Access
Yes
Road Access
Yes
Mixed-Use Components
office, restaurant/bar
Additional Details
Cap Rate
7.28%
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$53,545
Amenities
Excellent Signage
Great Exposure
High 9' Ceilings
Basement
Rear Yard
All New LED Lighting
400 Amp Power
CAC
Strategically Placed Curb Cut
Building Details
Building Size
9,000 SF
Year Built
1924
Buildings
1
Stories
2
Units
5
Tenancy
Multi
Listing Agency:
All Island Estates Realty Corp
(516) 783-5600
Listed By:
Richard Matt Shane · License #1020151
(516) 279-8828
Source:
Croninreale
Added: Dec 11, 2025
Changed: Oct 27
Last Checked: Oct 26 at 3:51AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5-unit mixed-use property contains 9,000 square feet across two lots and was built in 1924. Its layout includes multiple offices and restaurant/bar space with a basement and rear yard. Building features include 9-foot ceilings, central air conditioning, 400-amp power, updated LED lighting, signage, and a curb cut. A cabaret license is in place, and the property can be delivered vacant if needed.
The property is on Pettit Avenue at the Bellmore LIRR station and one block from Sunrise Highway. Municipal parking lots are situated on either side of the property, with a range of national retailers and service businesses in the surrounding area.
The existing configuration supports office and food-and-beverage uses, with five units and 68 parking spaces. The property is identified with 481.4 zoning.
The property is on Pettit Avenue at the Bellmore LIRR station and one block from Sunrise Highway. Municipal parking lots are situated on either side of the property, with a range of national retailers and service businesses in the surrounding area.
The existing configuration supports office and food-and-beverage uses, with five units and 68 parking spaces. The property is identified with 481.4 zoning.
Key Highlights
- 5‑unit, 9,000‑square‑foot building on two lots
- 68 parking spaces and a curb cut
- Office suites and restaurant/bar space with basement and rear yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$178,227
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,564,540
$3.6M
Cap Rate 7%
$2,546,100
$2.5M
Cap Rate 9%
$1,980,300
$2.0M
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$270.0K $30.00/SF
− Vacancy
−$15.4K −$1.71/SF
EGI
$254.6K $28.29/SF
− OpEx
−$76.4K −$8.49/SF
NOI
$178.2K $19.80/SF
Area
Nassau County, NY
Vacancy
5.70%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,564,540
Cap Rate 7%
$2,546,100
Cap Rate 9%
$1,980,300
Alternative Uses
Best Use
Specialty Retail
$5.95M
$5.21M – $6.94M
NOI $416,543 @ 7.0% cap · market cap 17.73%
Second Best
Retail
$2.55M
$2.23M – $2.97M
NOI $178,227 @ 7.0% cap · market cap 7.58%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,687
Businesses Nearby
Explore this area
Business Placement
Demographics for 11710, NY
35,155
Population
11,717
Households
3
Avg Household Size
43
Median Age
54%
College-Educated
97%
High-School Grad
4.9 sq mi
ZIP Area
7,174
Density / Sq Mi
$173,136
Median Household Income
$76,812
Median Earnings
$2,495
Median Rent
$647,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The building combines office suites with restaurant and bar space, plus a basement and rear yard.
Where is this mixed-use property located?
The property is located at 2600-2610 Pettit Avenue Bellmore, NY.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 5‑unit, 9,000‑square‑foot building on two lots; 68 parking spaces and a curb cut; Office suites and restaurant/bar space with basement and rear yard
