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    Property profile & analytics
    OFF-MARKET Estimated value $985,000
    Drive through restaurants

    2716 Hempstead Tpke, Levittown, NY 11756-1326

    3,203 SF 0.37 ac lot Built 1952
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US63-6058958
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 1952
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 3,203 SF
    Lot 0.37 ac (16,030 SF)
    APN 51-090-00-0231
    UPID US63-6058958
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Eatmore Wedding Service
    • Eat More Restaurant Take-out & Catering Catering Service
    • Butkovich Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $995k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $985k
    Owner & transaction history
    Li 27 Hempstead Tpke INC · 1 yrs held
    Li 27 Hempstead Tpke INC
    since 2025
    Last sale
    $940,000
    7 recorded transactions
    2025
    $1.4M
    2023
    2022
    2020
    $940,000
    2012
    $1.5M
    2009
    $935,000
    2004
    $1.1M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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