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    FOR SALE
    Office buildings

    2255 Centre Ave, Bellmore, NY 11710

    1,200 SF 0.14 ac lot Built 1970
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US63-0290306
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 5,440 square foot, two-tenant office building located at 2255 Centre Ave, Bellmore, NY 11710. The property boasts a desirable location directly across from the Bellmore Long Island Rail Road (LIRR) train station, offering convenient access for commuters. Built in 1970 and extensively renovated in 2019, the building is currently leased to Lerner Solutions and Intelitalk MBW, LLC under a Net Net + (NN+) lease structure. The property features a strong Net Operating Income (NOI) of $121,441, resulting in an attractive 6.50% capitalization rate. The asking price is $1,868,323. Situated on a 0.14-acre lot at a signalized intersection, the building offers excellent visibility and accessibility to Sunrise Highway. This multi-tenant property presents a compelling investment opportunity with a proven track record and strong potential for future growth. The building's recent renovation ensures modern amenities and functionality, while its prime location guarantees high tenant demand. This is an ideal investment for those seeking a stable, high-yielding asset in a thriving Long Island market.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1970
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 1,200 SF
    Lot 0.14 ac (6,250 SF)
    APN 56-327-00-0005
    UPID US63-0290306
    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
    • Lerner Solutions Tech Support Center (Bike/Boat/Book/etc) Store
    • Intelitalk MBW Crisis Center Medical Clinic
    • Megan Conti Physician
    • Accurate Energy Group Electric Utility Company
    • Michelle Latini Foster Care Service Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    2255 Centre Avenue Group LLC · 8 yrs held
    2255 Centre Avenue Group LLC
    since 2017
    3 recorded transactions
    2017
    $400,000
    2016
    $750,000
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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