2600-2610 Pettit AVE, Bellmore, NY 11710
2600-2610 Pettit AVE, Bellmore, NY 11710
2600-2610 Pettit AVE, Bellmore, NY 11710
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$2,350,000
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3,850 Sqft Lot
Price Dropped by $200K

2600-2610 Pettit AVE Bellmore, NY 11710

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Jose Agudo

Jose Agudo

+1(917) 674-8131

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 943393

Rental Info No

Year Built 1924

Annual Tax Amount $53,545

Lot Size 3,850 Sqft

Acres 0.0884

Property Sub-Type Multi Family

Source onekey2

Property Description

Calling All Investors, Developers & End-Users!!! 5 Unit 9,000 Sqft. Retail Building In Bellmore For Sale!!! The Building Features Excellent Signage, Great Exposure, 481.4 Zoning, 68 Parking Spaces, High 9' Ceilings, 2 Lots, Strategically Placed Curb Cut, Multiple Offices, Restaurant/Bar, Basement, Rear Yard, All New LED Lighting, 400 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Bellmore On Pettit Ave. At The Bellmore LIRR Station & 1 Block Off Sunrise Highway!!! The Property Is Situated In Between Large Municipal Parking Lots!!! Neighbors Include Starbucks, Harley-Davidson, Jeep-Dodge-Ram, Toyota, Ford, Mazda, Verizon, P.C. Richard & Son, Stop & Shop, PetSmart, 7-Eleven, Dunkin', CVS, Panera Bread, Crunch Fitness, Applebee's Bar & Grill, Mavis Discount Tire, Costello's Ace Hardware, HomeGoods, Aboff's Paints, Trader Joe's, McDonald's, Valero, +++!!! The Building Has A Cabaret License & Was Previously Home To A Successful Bar/Live Music Venue!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or Home For Your Business!!!

Income:

Law Office (1,250 Sqft.): $48,000 Ann.; 3% Ann. Inc.; Lease Exp.: 3/17/28.

Office 2 (500 Sqft.): $24,000 Ann. (Available)

Office 3 (500 Sqft.): $24,000 Ann. (Available)

Office 4 (500 Sqft.): $24,000 Ann. (Available)

Restaurant/Bar (3,000 Sqft. + 3,000 Sqft. LL + Rear Yard): $132,000 Ann.

Pro Forma Gross Income: $252,000 Ann.

Expenses:

Gas: $0 Ann.

Electric: $0 Ann.

Maintenance & Repairs: $250 Ann.

Insurance: $5,380 Ann.

Taxes: $53,545.35 Ann.

Total Expenses: $59,175.35 Ann.

Pro Forma Net Operating Income (NOI): $192,824.65 Ann. (7.28% Cap!!!)

Location

State NY

County Nassau County

Interior

Heating Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Unassigned

Utilities Available Cable Available, Electricity Available, Natural Gas Connected, Sewer Connected

Total Parking Spaces 68

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Block,Frame

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by All Island Estates Realty Corp • Richard Matt Shane

NEARBY SCHOOL & BUSINESS

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Jose Agudo

Jose Agudo

Agent

+1(917) 674-8131

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2600-2610 Pettit AVE

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