2468-2470 Jerusalem Rd North Bellmore, NY 11710
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.