2468-2470 Jerusalem RdNorth Bellmore, NY 11710

For Sale
$1,899,000

9,424 SF Office, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
94
This fee-simple, two-story office building, situated on a 0.19-acre lot in Bellmore, NY (11710), presents a compelling investment opportunity. The 9,424 square foot property, built in 1959, features a traditional office layout suitable for various uses, including medical offices. Currently operating at 100% occupancy with a multi-tenant setup, the building offers a stabilized income stream, though below-market rents and primarily month-to-month leases suggest significant upside potential. The current NOI is $27,494, yielding a 1.45% cap rate

Highlights

  • For Sale: Fee-simple, two-story office building in Bellmore, NY (11710).
  • Below-market rents offer significant upside potential.
  • Primarily month-to-month leases provide flexibility.
  • Five on-site parking spaces.
  • Excellent location near Newbridge Rd with nearby retail and amenities.

Property Details for 2468-2470 Jerusalem Rd

Property type
Other office properties, Medical offices
Square Feet
9,424 SF
Class
B
Year Built
1959
Buildings
1
Stories
2
Lot Size (sq. ft)
8,276 SF

Location Insight

City
North Bellmore
County
Nassau
State
New York
Latitude
40.7055751
Longitude
-73.5434471
2468-2470 Jerusalem Rd, North Bellmore, New York

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2468-2470 Jerusalem Rd
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