Buy with Yoreevo
$2,937,675
List Price: $2,990,000
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2600-2610 Pettit Avenue
House in Bellmore •  building info
studio • 3,850ft² $777 per ft²
Buy with Yoreevo

$2,937,675

List Price

$2,990,000

Key Details
Days on market
2
Last price change
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Estimated payment
$21,031/mo
Taxes
$4,462/mo
Maintenance
N/A
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.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$2,990,000
Asking Price: $2,990,000
Term
30 Years
Down Payment
$299,000 (10%)
Min: 10% (299,000)
Rate
6.25 %
Mortgage Amount
$2,691,000
Mortgage Payment
$16,569
Taxes
$4,462
Estimated Yoreevo rebate
$52,325
Estimated closing cost
$108,000
Total monthly cost $21,031
Buy your dream home with us and get an estimated $52,325 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of All Island Estates Realty Corp

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