For Sale
$1,899,000

2468-2470 Jerusalem Rd North Bellmore, NY 11710

9,424 SF Office, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
131
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
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

FAQs

What type of property is this?
Office property - 9,424 SF Office, 100% Occupied
Where is the office property located?
The property is located at 2468-2470 Jerusalem Rd North Bellmore, NY.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: 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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2468-2470 Jerusalem Rd
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