2468-2470 Jerusalem Rd North Bellmore, NY 11710
- Office Properties & Spaces
- 9,424 SF
- 0.19 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 2468-2470 Jerusalem Rd
- Year built
- 1959
- Lot size
- 0.19 lot acres
- Property size
- 9,424 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
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
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Bellmore
- County
- Nassau
- State
- New York
- Longitude
- -73.5434
- Latitude
- 40.7056