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Fully Renovated Flex Building
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1905 Bellmore Ave, N Bellmore, NY 11710

Free-standing fully renovated flex/industrial building with full HVAC, 200-amp power, and gas heat on a small street-parking lot.

Property Size2,500 SF
Lot Size0.08 Acres
Price / SF$355.20
Days on Market75

Property Features for 1905 Bellmore Ave

General Information

Standard status Active
Size 2,500 SF
Lot size 0.08 Acres
Property subtype FLEX_R_AND_D
Zoning Business X
Listing Agency: United Realty
Listed By: Steven Epstein · License #40EP0881630
Source: Moodyscre
Added: May 19 Changed: Jul 26 Last Checked: Jul 26 at 7:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Realty

Investment Insights

Based on property information with market context.

This fully renovated, free-standing flex/industrial building offers approximately 2,500 square feet within a 3,654 square foot +/- lot. The property includes full HVAC, gas heat, and 200 amps of power, supporting a ready-to-operate interior setup. Parking is available on-street.

Zoned Business X for the Town of Hempstead, the building is offered for sale.

The building’s combination of modern mechanicals and renovated condition makes it suitable for a range of flexible light industrial or business use scenarios consistent with the Business X zoning designation.

Key Highlights

  • 2,500 SF +/- free‑standing building on a 3,654 SF +/- lot
  • Fully renovated with full HVAC and gas heat
  • 200‑amp power service

Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $54.9k $21.96
− Vacancy −$3.8k −$1.52
EGI $51.1k $20.44
− OpEx −$15.3k −$6.13
NOI $35.8k $14.31
2,500 SF · lease $21.96/SF/yr · vacancy 6.90% · expense 30.00%

Alternative Uses

Best Use
Industrial
$511.1K
$447.2K – $596.3K (±1% cap)
NOI $35,778 @ 7.0% cap · market cap 4.03%
Second Best
Flex RnD
$474.6K
$415.3K – $553.7K (±1% cap)
NOI $33,223 @ 7.0% cap · market cap 3.74%
Theoretical Best
Specialty Retail
$1.65M
$1.45M – $1.93M (±1% cap)
NOI $115,706 @ 7.0% cap · market cap 13.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Daycare Center Hotel & Motel Storage Facility Nursing Home Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,119
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11710, NY

35,155
Population
11,717
Households
3
Avg Household Size
43
Median Age
54%
College-Educated
97%
High-School Grad
4.9 sq mi
ZIP Area
7,174
Density / Sq Mi
$173,136
Median Household Income
$76,812
Median Earnings
$2,495
Median Rent
$647,000
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Naturally Lana’s — Beltagh Ave, Wantagh, NY 11793
  • The Big Cheesee — 2425 Grand Ave, Bellmore, NY 11710

Frequently Asked Questions

What type of property is this?
Flex space - Free-standing fully renovated flex/industrial building with full HVAC, 200-amp power, and gas heat on a small street-parking lot.
Where is this flex space located?
The property is located at 1905 Bellmore Ave N Bellmore, NY.
What is the asking price?
The asking price for this property is $888,000.
What are key features of this property?
This property features: 2,500 SF +/- free‑standing building on a 3,654 SF +/- lot; Fully renovated with full HVAC and gas heat; 200‑amp power service
(516) 320-7704 Call to check price and availability
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