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212 Pettit Avenue, Bellmore, NY

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212 Pettit Avenue

Bellmore, NY 11710 - Southeast Nassau Submarket


Property Type:Retail Sub Type:Storefront Retail/Residential Status:Existing Year Built:1926
Building Size:3,100 SF Land Area:.08 AC (3,402 SF)
For Sale Price:$600,000 Price/SF:$193.55
Cap Rate:7.00 %


Two Stores or Offices (1,350sf + Bsmt and 700sf + Bsmt)
Two 2nd Flr Apartments (One Bdrm, Studio)
Property: 25’ x 136’ / Taxes: $35,500

Sale Notes:
Excellent opportunity to own a mixed-use fully-occupied investment property with 5 tenants ..... attorney, dog groomer, 2 apartments, and a large storage shed.
Two buildings on one lot (Pettit Ave and Grand Ave).
Oil heat, new roof, four baths, easily maintained.
Total annual income: $82,000. NOI: $42,000. Cap: 7%.

Located just north of Sunrise Hwy, across from Bellmore LIRR station.


Southgate Realty Corporation
Mike Ferra
(516) 781-2800 x11




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