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2600-2610 Pettit AVE Bellmore, NY 11710
3,850 Sqft Lot
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.
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.
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
Listed by All Island Estates Realty Corp • Richard Matt Shane