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254 Pettit Ave
Bellmore, NY 11710
Office Property For Sale

Investment Highlights

  • Occupied 10.83 Cap Office Building For Sale In Prestigious Bellmore!!!
  • The Property Features Amazing Parking (Over 300 Parking Spaces)
  • The Property Has It's Own Private Parking Lot
  • Located At The Bellmore Train Station
  • Excellent Signage, Great Exposure, Solid Tenants, Beautiful Conference Room, A Bullpen, Large Reception Area, 6 Private Office, Waiting Room
  • Net Operating Income (NOI): $70,402 (10.83 Cap!!!) (Proforma)

Property Facts

Property Type
Office
Property Subtype
Office/Residential
Building Size
2,649 SF
Building Class
B
Year Built
1980
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,325 SF
Slab To Slab
10’
Building FAR
0.51
Lot Size
0.12 AC
Zoning
483.1 CR
Parking
26 Spaces (9.82 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Metro/Subway
  • Security System
  • Signage
  • Skylights
  • Storage Space
  • Bicycle Storage
  • Natural Light
  • Secure Storage
  • Wi-Fi
  • Air Conditioning

About 254 PETTIT AVE , BELLMORE, NY 11710

Calling All Investors & Office End-Users!!! Occupied 10.83 Cap Office Building For Sale In Prestigious Bellmore!!! Located At The Bellmore Train Station The Property Features Amazing Parking (Over 300 Parking Spaces), Solid Tenants, Beautiful Conference Room, A Bullpen, Large Reception Area, 6 Private Office, Waiting Room, Excellent Signage, Great Exposure, Private Parking Lot, +++!!! The Whole 2nd Floor Can Be Delivered Vacant If Need Be. Gross Income: $99,860 (Proforma) Bill (Attorney): $16,860 Ann. (M-M) (200 Sqft.) Jamie (Attorney): $15,600 Ann. (M-M) (200 Sqft.) Office: $15,600 Ann. (Available) (200 Sqft.) Mike (Attorney): $17,000 Ann. (Lease Exp. 10/1/2022; 3% Ann. Inc.) (200 Sqft.) Office: $15,600 Ann. (Available) (200 Sqft.) Office: $15,600 Ann. (Available) (200 Sqft.) Expenses: Gas: $0 Electric: $0 Maintenance & Repairs: $250 Insurance: $2,800 Taxes: $26,300 Water: $108 Total Expenses: $29,458 Net Operating Income (NOI): $70,402 (10.83 Cap!!!) (Proforma)

Property Taxes

Property Taxes

Parcel Number
2089-56-288-00-0033-0
Land Assessment
$1,299
Improvements Assessment
$608
Total Assessment
$1,907
  • Listing ID: 17541960

  • Date on Market: 10/24/2019

  • Last Updated:

  • Address: 254 Pettit Ave, Bellmore, NY 11710

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