2716 Hempstead Tpke, Levittown, NY 11756-1326
This vacant, 9,122-square-foot catering hall in Levittown, NY, presents a compelling investment opportunity for owner-users or investors. Located at 2716 Hempstead Tpke, 11756, this single-story, Class B building sits on a 0.37-acre lot and boasts 44 on-site parking spaces. Built in 1952, the property features a full basement and ample storage, ideal for a catering business or adaptable to various retail uses. The asking price is $3,000,000, with a price per square foot of $329. The property is zoned for commercial use and benefits from a high traffic count of 49,614 cars daily, situated conveniently next to the Wantagh State Parkway and accessible by multiple bus lines. The property is currently vacant, offering a blank canvas for a new venture. A separate opportunity exists to acquire the existing NNN tenant's business for a combined sale price of $3,500,000. This fee-simple ownership provides complete control and potential for significant return on investment. The property's location within a thriving retail neighborhood further enhances its appeal and potential for success. The Nassau County location and the property's features make this a rare opportunity in a desirable market.
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Eatmore Wedding Service
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Eat More Restaurant Take-out & Catering Catering Service
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Butkovich Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.