2468-2470 N Jerusalem Rd
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2468-2470 N Jerusalem Rd
9,424 SF 100% Leased Office Building Bellmore, NY 11710 $2,667,487 CAD ($283 CAD/SF) 1.45% Cap Rate
Investment Highlights
- For Sale: Office Building in Bellmore, NY
- Most Tenants are on Month-to-Month Leases
- Located Near Newbridge Rd which has Several Neighborhood Retail, Offices, and Amenities
- Tenants are Paying Below Market Rents
- 5 On-Site Parking Spaces
Executive Summary
American Investment Properties is retained to sell the property located at 2468-2470 N Jerusalem Rd, Bellmore. At this location is an office building with several tenants.
Currently, the tenants are paying under market rents and most of them are on month-to-month leases. There are 5 on-site parking spaces located behind the building.
Currently, the tenants are paying under market rents and most of them are on month-to-month leases. There are 5 on-site parking spaces located behind the building.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,424 SF
Building Class
B
Year Built
1959
Price
$2,667,487 CAD
Price Per SF
$283 CAD
Cap Rate
1.45%
NOI
$38,620 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,712 SF
Slab To Slab
10’
Building FAR
1.14
Land Acres
0.19 AC
Zoning
Commercial
Parking
5 Spaces (0.53 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Number | 2089-51-078-00-0086-0 | Improvements Assessment | $8,067 CAD |
Land Assessment | $1,274 CAD | Total Assessment | $9,341 CAD |
PROPERTY TAXES
Parcel Number
2089-51-078-00-0086-0
Land Assessment
$1,274 CAD
Improvements Assessment
$8,067 CAD
Total Assessment
$9,341 CAD
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2468-2470 N Jerusalem Rd
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