210-212 BroadwayBethpage, NY 11714

Property Details for 210-212 Broadway

Year built

1949

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.09 AC

Property size (Sq ft)

1,465 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

46-116-00-0075

APU

46116000075

Description

This exceptional retail property at 210-212 Broadway, Bethpage, NY 11714, presents a unique investment opportunity. The 2,930 square foot building, situated on a 3,822 square foot lot, offers a blend of historic charm and modern updates. Originally constructed in 1949, the property underwent a complete renovation in 2018, including a new roof and air conditioning system installed in 2019. The building features a full basement, adding significant potential for expansion or storage. Currently vacant, this single-story, Class C building offers 1,960 square feet of net rentable space and four parking spaces. Located on bustling Broadway Avenue, this property is ideal for a variety of retail uses, including convenience stores, grocery stores, or restaurants. The asking price is $899,000. This 100% ownership opportunity is perfect for owner-users seeking redevelopment potential in a prime Bethpage location. The property's history, combined with its recent renovations, makes it a truly rare find in the vibrant commercial landscape of Bethpage. Don't miss this chance to acquire a piece of Bethpage's commercial history.

• CAP approach

  CAP return

  Valuation

  6%

  $300,338

  6.5%

  $277,235

  7%

  $257,433

• Comparable approach

  Method

  Valuation

  Relative Method

  $296,696

  Geo Method

  $296,696

• Alternative Use

  Use

  Valuation

  Residential

  $277,235

  Hospitality

  $253,946

  Educational

  $211,280

  Medical

  $218,546

  Retail

  $328,658

Location Insight

City

Bethpage

County

Nassau

State

New York

Latitude

40.7385

Longitude

-73.4793

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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