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    OFF-MARKET
    Automotive properties

    1901 Bellmore Ave, North Bellmore, NY 11710-5639

    1,296 SF 0.22 ac lot Built 1951
    Entity Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US63-1367256
    Property summary
    AI-generated overview

    This exceptional 1,556 square foot auto shop, situated on a prominent 10,000 square foot corner lot in Bellmore, NY, presents a unique investment opportunity. Located on busy Bellmore Avenue at a signaled intersection with an estimated 18,000 vehicles passing daily, this property boasts unparalleled visibility and accessibility. The single-story, 1951-built building features two bays, an office, and ample storage space, currently operating at 100% occupancy. With 50 parking spaces and multiple curb cuts, the property is ideally suited for continued use as an auto repair or sales facility. The asking price is $1,240,000, translating to $797 per square foot and $130 per square foot for the land. The property can be delivered vacant. The seller is open to financing options for a qualified buyer. This established business has operated successfully at this location for approximately 15 years, offering a proven track record and immediate income potential. The property's size and location also present significant redevelopment potential for a variety of retail uses. This is a rare opportunity to acquire a high-traffic, well-established commercial property in a desirable location.

    Property profile
    Verified
    Property type Automotive properties
    Use group VEHICLE SALES, RENTALS
    Year built 1951
    Total area 1,296 SF
    Lot 0.22 ac (9,570 SF)
    APN 56-399-00-0755
    UPID US63-1367256
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • GT Motor Cars Inc Car Dealership
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Brickman Bros LLC · 19 yrs held
    Brickman Bros LLC
    since 2007
    2 recorded transactions
    2007
    $625,000
    2007
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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