Bellmore, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Bellmore, New York Market population: 20K. Explore income-producing properties with verified cap rates and...

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📊 Average Cap Rate For Bellmore NY Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000

Buffalo Multifamily

Discover a compelling investment in Buffaloâ€™s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%

NOI $491,400

Size 65,000 SF

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📊 Avg Property Tax Rate For Bellmore NY Properties: 1.3700%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000

Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%

NOI $107,842

Size 8,640 SF

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Investor Questions For Bellmore NY

Common questions from investors exploring commercial real estate in Bellmore NY.

What's the overall investment outlook for Bellmore, NY, considering its demographics and economy? +

Bellmore's high median household income of $101,025, combined with a low poverty rate of 3.4% and a strong health insurance coverage rate of 97.0%, suggests a stable and attractive market for investors. The top industries, including Public Administration and Finance & Insurance, also indicate a diverse economy, while the high homeownership rate of 90.1% and median property value of $427,600 reflect a solid housing market.

How does the ethnic diversity and foreign-born population impact the demand for real estate in Bellmore? +

The ethnic diversity in Bellmore, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant community. The foreign-born rate of 17.1% also suggests a demand for housing from international buyers or renters, potentially driven by the top industries such as Finance & Insurance and Manufacturing. This diversity can lead to a more resilient and dynamic local economy.

What are the implications of Bellmore's commute times and transportation methods for real estate investors? +

The average commute time of 31.5 minutes in Bellmore, with top commute methods including driving alone, working from home, and using public transit, indicates a relatively convenient and flexible transportation network. This can enhance the quality of life for residents and potentially increase demand for properties with easy access to public transit or those that are conducive to remote work, such as homes with dedicated office spaces.

How does the income inequality and poverty rate in Bellmore affect the quality of tenants and property values? +

Bellmore's low poverty rate of 3.4% and moderate income inequality, as indicated by a GINI coefficient of 0.36, suggest a relatively stable and affluent community. This, combined with a high health insurance coverage rate of 97.0%, implies that tenants are likely to be financially stable, which can lead to more reliable rent payments and lower vacancy rates, ultimately supporting property values.

What role do education levels and the employed population play in the real estate investment potential of Bellmore? +

The high percentage of the population with a Bachelor's degree or higher, at 44.8%, and a significant employed population of 9,782, contribute to a skilled and stable workforce in Bellmore. This educated and employed population can drive demand for housing, particularly for properties that offer amenities attractive to professionals and families, such as good schools, safe neighborhoods, and convenient access to employment centers and public services.

Bellmore NY Real Estate & City Facts

Key facts and real estate information about Bellmore NY.

What are some of the best neighborhoods to live in Bellmore? +

Some of the best neighborhoods to live in Bellmore include Bellmore North, which is known for its peaceful and family-friendly atmosphere, and the southeast parts of the city, which tend to be more desirable. Other neighborhoods like Malverne and Cedarhurst are also worth considering.

What are some fun things to do in Bellmore? +

There are plenty of fun things to do in Bellmore, such as visiting Mill Pond Park, Newbridge Road Park, and the Meroke Preserve. You can also check out the Bellmore Playhouse, the Brokerage Comedy Club, and the Rockville Centre Farmers Market for some local produce and artisanal goods.

What is the food scene like in Bellmore? +

The food scene in Bellmore is vibrant and diverse, with plenty of great restaurants to choose from. Some popular spots include Bluebird Kitchen, Avenue Social Kitchen & Cocktails, Twisted Fork Brunch Company, Elisa's Restaurant, and Blue Waters Mediterranean Cuisine. There are also plenty of great food trucks and casual eateries to grab a bite on the go.

What are the pros and cons of living in Bellmore? +

The pros of living in Bellmore include its peaceful and family-friendly atmosphere, good schools, and convenient location. However, some cons include the high cost of living, traffic, and limited nightlife options. Overall, Bellmore is a great place to live for those who value a suburban lifestyle and are willing to pay a premium for it.

Is Bellmore a good place to live? +

Bellmore is a good place to live for those who value a suburban lifestyle and are looking for a peaceful and family-friendly atmosphere. While it may have some drawbacks, such as a high cost of living and limited nightlife options, the pros outweigh the cons for many people. Ultimately, whether or not Bellmore is a good place to live depends on your individual priorities and preferences.