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    Updated Retail Storefront on Broadway Title is generated by Realmo AI

    210-212 Broadway, Bethpage, NY 11714

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    Meticulously updated retail storefront with a full basement.

    Type:Retail
    Property size:
    2,930 SF
    Price / SF:
    $248/SF
    Added:
    Oct 18, 2024
    Days on Market:
    627
    Last Refresh:
    Jun 28 at 9:20 am

    Property Features for 210-212 Broadway

    General Information

    Standard status
    Active
    Size
    2,930 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1949

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    Anthony Briguglio
    Anthony Briguglio

    Listing office Coldwell Banker Commercial AMH

    Listing date Oct 18, 2024

    Source Crexi

    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 Coldwell Banker Commercial AMH

    HighLights

    • Prime retail location on bustling Broadway Ave in Bethpage, NY
    • Meticulously updated retail storefront with new construction completed in 2018
    • Spacious 2,930 square feet building with a full basement
    • New roof and A/C installed in 2019
    • Rich history dating back to 1949
    • Ideal for investors

    Overview

    Located at 210-212 Broadway in Bethpage, NY, this retail storefront, known as The Broadway Gem, offers a blend of historic charm and modern amenities. The property has a rich history dating back to 1949, with new construction completed in 2018, along with a new roof and A/C installed in 2019. The building spans 2,930 square feet and includes a full basement, all situated on a 3,822 square foot lot. This property is located on Broadway Avenue and is suited for investors seeking a prime retail location.

    Local Financial Insights For Retail

    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 $87.9k $30.00
    − Vacancy −$5.0k −$1.71
    EGI $82.9k $28.29
    − OpEx −$24.9k −$8.49
    NOI $58.0k $19.80
    2,930 SF · lease $30.00/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $828.9K
    $725.3K – $967.1K (±1% cap)
    NOI $58,023 @ 7.0% cap · market cap 7.96%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $1.94M
    $1.70M – $2.26M (±1% cap)
    NOI $135,608 @ 7.0% cap · market cap 18.60%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Real Estate Agency Hair Salon Spa & Massage Center Bar & Pub Department Store Discount Store Accounting Firm Auto Parts Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bethpage
    County
    Nassau
    State
    New York
    Longitude
    -73.479184
    Latitude
    40.738632

    FAQs

    What type of property is this?
    Storefront property - Meticulously updated retail storefront with a full basement.
    Where is this storefront property located?
    The property is located at 210-212 Broadway Bethpage, NY.
    What is the asking price?
    The asking price for this property is $729,000.
    What are key features of this property?
    This property features: Prime retail location on bustling Broadway Ave in Bethpage, NY; Meticulously updated retail storefront with new construction completed in 2018; Spacious 2,930 square feet building with a full basement
    More about this property
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