Property profile

515 Atlantic Ave Bellport, NY 11713

OFF-MARKET
Commercial real estate
Property ID
US63-3871324
2,080 SF Built 2019
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Property summary

AI-generated overview

This exceptional 2,080 square foot commercial property, situated at 515 Atlantic Avenue in Bellport, NY, presents a unique investment opportunity. The building, previously used as a house of worship for over 50 years, boasts a highly desirable location just one block from the Bellport LIRR station, ensuring excellent accessibility. The property sits on a substantial 16,988 square foot lot, offering ample space and potential for future development or expansion. Key features include 26 parking spaces, a freshly paved parking lot (2019), high 15-foot ceilings, a full modern kitchen, an office, a music room, a security system, motion sensor lighting, all new LED lighting, and a 200-amp power supply. The property also benefits from a strategically placed curb cut, strong religious zoning, and a fenced lot. Its prominent location provides excellent signage opportunities and high visibility. Surrounding businesses include major retailers such as Northwell Health, Walmart, Sam's Club, Target, Home Depot, Stop & Shop, Lowe's, ShopRite, 7-Eleven, Dunkin', Sunoco, and IHOP, indicating a strong commercial presence in the area. This property is ideal for investors, developers, or end-users seeking a versatile space with significant potential. The property is offered for sale at $610,000 and is also available for lease at an annual rate of $60,000.

Property profile

Verified
Property type Commercial real estate
Year built 2019
Total area 2,080 SF
UPID US63-3871324

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service
  • Church

Location

515 Atlantic Ave Bellport, NY 11713
Bellport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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