Office Building in Bellmore, NY
$1,899,000
2470 North Jerusalem Road, North Bellmore, NY 11710
For Sale
Office
Medical
Active
Last Updated: 08/13/2024
1.45
Cap Rate
27,494
NOI
Details:
Cap Rate: 1.45%
NOI: $27,494
Pro Forma Cap Rate : 4.93%
Building Size: 9,424 sqft
Lot Area: 8,255 sqft
Occupancy: 100%
Class: B
Lease Type: Modified Gross
Year Built: 1959
Price Per Sqft: $201.51
Tenancy: Multiple
Floors: 2
Parking Spots: 5
Investment Strategy: Opportunistic
Highlights:
- For Sale: Office Building in Bellmore, NY
- Tenants are Paying Below Market Rents
- Most Tenants are on Month-to-Month Leases
- 5 On-Site Parking Spaces
- Located Near Newbridge Rd which has Several Neighborhood Retail, Offices, and Amenities
Description:
At this location is an office building with several tenants. Currently, the tenants are paying under market rents and most of them are on month-to-month leases. There are 5 on-site parking spaces located behind the building.
Documents:
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Bellmore__2468-2470_N._Jerusalem_Rd__Offering_Memorandum_.pdf
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Location
Gallery
