271 Central Ave Bethpage, NY 11714-3910
Property profile & analytics
271 Central Ave Bethpage, NY 11714-3910
- Retail space
- 1,320 SF
- 0.12 lot acres
Property ID
US63-2902227
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- NEPHROLOGY ASSOCIATES, PC / Medical Clinic
- Castle Fire & Water Damage Restoration / Hardware & Home Improvement / Construction Company
- Pervaiz Iqbal / Physician
Property Details for 271 Central Ave
- Year built
- 1938
- Construction
- FRAME
- Lot size
- 0.12 lot acres
- Property size
- 1,320 SF
- Property type
- Retail space
- APN
- 49-138-00-0187
- APU
- 49138000187
Description
This exceptional mixed-use property, located at 271 Central Avenue in Bethpage, NY, presents a unique investment opportunity. The 5,600 square foot building sits on a 0.12-acre lot in a high-traffic, highly visible corner location. Completely renovated in 2019, this Class A building boasts a versatile layout ideal for a variety of commercial uses, including retail, office, or automotive businesses. The first floor features approximately 1,520 square feet of Class A office space, along with a six-car garage (approximately 1,600 square feet) equipped with two overhead doors. Three bathrooms are conveniently located on the main floor. Upstairs, a spacious 1,480 square foot, four-bedroom apartment with air conditioning offers excellent rental potential. A fully finished basement (approximately 1,500 square feet) with a separate entrance provides additional space for storage or office use, adding to the property's overall functionality. The building is equipped with central heating and cooling systems for year-round comfort and features two separate meters. Its convenient location near the Long Island Rail Road and major highways ensures excellent accessibility and visibility. This property offers a compelling blend of commercial and residential income potential in a thriving area.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $435,000
- 6.5%
- $400,000
- 7%
- $375,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $509,000
Market price range: $26.0k - $597k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $750,000 Current use
- OFFICE BUILDING
- $930,000 Change: +24% Conversion: Easy
- AUTO REPAIR, GARAGE
- $865,000 Change: +15% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $855,000 Change: +14% Conversion: Easy
- WAREHOUSE, STORAGE
- $665,000 Change: -12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bethpage
- County
- Nassau
- State
- New York
- Longitude
- -73.4802
- Latitude
- 40.738
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$45,590
$1,289
$3,540
$4,829
-
$0.00
$0.00
$482,900
