Project Description

For Sale: Office Building in Bethpage, NY

218 Broadway, Bethpage, NY 11714

Executive Summary:

Price: $845,000
Building Size: 4,267 SF
Property Type: Office
Lot Size: 0.24 Acres
Year Built: 1910/2006
Cap Rate: 6.01%
NOI: $50,775
Location:
218 Broadway
Bethpage, NY 11714

Investment Highlights

  • Converted Residence into an Office Building
  • Completely Remodeled in 2006
  • Located Close to Major Highways
  • Features 8 On-Site Parking Spaces
  • Signage in Front of the Building
  • Near National Credit Tenants: CVS, 7-Eleven, & Dunkin’ Donuts
  • 5 Minute Walking Distance to Bethpage LIRR Train Station

Investment Summary

American Investment Properties is exclusively retained to sell 218 Broadway in Bethpage, New York. At this location is a 4,267 SF converted residence to office building.

The property was completely remodeled in 2006. There is signage in front of the building and has great visibility from the street. Some of the tenants reimburse for specific utilities.

This property is located near many national credit retail tenants and provides on-site parking. It is located near major highways and is a short walking distance to the Bethpage LIRR Train Station.

About Bethpage, NY

Bethpage is a hamlet and census-designated place in Nassau County located in Long Island, New York.

Bethpage State Park, located on the Farmingdale border, is best known for its five world-class golf courses, including the world-renowned Black Course which was the site of the U.S. Open Championship in 2002 and will return in 2009 edition. The park has many recreational activities that include biking, hiking, golf, sledding, skiing, and many more. It also has a handicap accessible polo field. Bethpage is a quiet little community with a great history. It has an excellent school system. Bethpage has many wonderful community organizations that work to maintain the high quality of life enjoyed by the residents.

Contact Broker

Ron Koenigsberg - Commercial Real Estate BrokerRon Koenigsberg, CCIM
President
Ron@aiprops.com
(O) 516.393.2300
(F) 516.390.5780

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