Hempstead, NY 11710

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 0.1 Acres

Financials

Price:$2,350,000
Annual Taxes:$53,545.35
6243 Northern Blvd
Phone:
Listing Courtesy of All Island Estates Realty Corp

Calling All Investors, Developers amp ; End Users !

View of commercial property

View of commercial property

View of commercial property
Aerial map of property and surrounding area with property parcel outlined
Aerial overview of property's location
Home office with a paneled ceiling
Dining area featuring wood finished floors and brick wall
Home office with brick wall and a paneled ceiling
Aerial view of property's location
Office area with a paneled ceiling
Office with a drop ceiling
Hallway featuring carpet floors and a paneled ceiling
Office space featuring a drop ceiling
Aerial view of property's location
Kitchen featuring black appliances, cream cabinets, light wood-style flooring, light stone counters, and a paneled ceiling
Half bathroom with wainscoting and vanity
Half bath with wainscoting, vanity, and an ornate ceiling
Aerial overview of property's location with property parcel outlined
View of asphalt road featuring street lighting, curbs, and sidewalks
View of balcony
View of staircase
Aerial overview of property's location
View of below grade area
Community lobby with brick wall
View of patio
View of asphalt road with street lights, curbs, and sidewalks
View of dining room
Kitchen featuring high end stainless steel range
Aerial map of property and surrounding area with property parcel outlined
View of kitchen
View of storage
View of horse barn
View of unfinished basement
Unfinished basement featuring heating fuel
Unfinished below grade area with electric panel
Aerial overview of property's location
View of kitchen
View of commercial propertyAerial map of property and surrounding area with property parcel outlinedAerial overview of property's locationHome office with a paneled ceilingDining area featuring wood finished floors and brick wallHome office with brick wall and a paneled ceilingAerial view of property's locationOffice area with a paneled ceilingOffice with a drop ceilingHallway featuring carpet floors and a paneled ceiling

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!!!)

Amenities

  • Cable - Available
  • Electricity Available
  • Natural Gas Connected
  • Sewer Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.