Mixed-Use Investment with
410-412 N Wantagh Avenue Bethpage, NY 11714
410-412 N Wantagh Avenue, Bethpage, NY, 11714
$1,580,000
Pending
For Sale
$1,580,000
Pending
MULTI_FAMILY - Bethpage, NY
Property Size4,900 SF
Days on Market50
Property Features for 410-412 N Wantagh Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 1
- Parking features
- Parking Lot
- Standard status
- Pending
- 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
Listing agency
Prospes Real Estate Corp
(718) 321-2800
Listed by
Shuang Ye Xia
(917) 369-0987
Added: Jun 3 Updated: Jul 17 at 9:21PM Checked: Jul 22 at 4:06AM
MLS# 1008571
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.
Investment Insights
Based on property information with market context.
This mixed-use, two-building package includes a commercial restaurant building and a separate one-family residential building. The restaurant building is presented with prominent signage and strong exposure along a busy commercial corridor. The residential building is configured as a spacious one-family property, positioned to support rental income. The listing notes the property can be delivered vacant at closing.
The buildings are located at 410–412 N Wantagh Avenue in Bethpage, Nassau County, with mature surrounding businesses and heavy pedestrian and vehicle exposure described in the remarks. A large private parking lot accommodates approximately 18 vehicles, providing convenience for customers and residents. The listing also cites flexible commercial usage possibilities, including restaurant, deli, beauty salon, nail salon, tutoring center, office, medical use, retail, and more.
Combined interior space for the two buildings is described as approximately 4,900 square feet, with the restaurant portion and residential portion separately described in the listing.
The buildings are located at 410–412 N Wantagh Avenue in Bethpage, Nassau County, with mature surrounding businesses and heavy pedestrian and vehicle exposure described in the remarks. A large private parking lot accommodates approximately 18 vehicles, providing convenience for customers and residents. The listing also cites flexible commercial usage possibilities, including restaurant, deli, beauty salon, nail salon, tutoring center, office, medical use, retail, and more.
Combined interior space for the two buildings is described as approximately 4,900 square feet, with the restaurant portion and residential portion separately described in the listing.
Key Highlights
- Two‑building mixed‑use package with approximately 4,900 Sqft combined interior space
- Commercial restaurant building includes approximately 2,500 Sqft with prominent signage on a busy commercial corridor
- Residential 1‑family building offers approximately 2,400 Sqft and includes multiple bedrooms and bathrooms
Local Financial Insights For Apartment 5plus
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 | $166.4k | $33.96 |
| − Vacancy | −$7.5k | −$1.53 |
| EGI | $158.9k | $32.43 |
| − OpEx | −$71.5k | −$14.59 |
| NOI | $87.4k | $17.84 |
4,900 SF · lease $33.96/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Specialty Retail
$3.24M
$2.83M – $3.78M
NOI $226,784 @ 7.0% cap · market cap 14.35%
Second Best
Apartment 5plus
$1.25M
$1.09M – $1.46M
NOI $87,404 @ 7.0% cap · market cap 5.53%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Two-building package in Bethpage with a restaurant building, one-family residence, and private parking for about 18 vehicles.
Where is this conventional restaurant 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: Two‑building mixed‑use package with approximately 4,900 Sqft combined interior space; Commercial restaurant building includes approximately 2,500 Sqft with prominent signage on a busy commercial corridor; Residential 1‑family building offers approximately 2,400 Sqft and includes multiple bedrooms and bathrooms
