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Bethpage, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Bethpage, New York Market population: 17K. Explore income-producing properties with verified cap rates and...

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📊 Average Cap Rate For Bethpage NY Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY – Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000
Buffalo Multifamily

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

Cap Rate 7.56%
NOI $491,400
Size 65,000 SF

📊 Avg Property Tax Rate For Bethpage NY Properties: 2.1900%

⭐ 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

Investor Questions For Bethpage NY

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

What's the overall investment potential of Bethpage, NY? +
With a median household income of $91,109 and a low poverty rate of 3.3%, Bethpage presents a stable market, further reinforced by its high health insurance coverage of 97.2% and relatively short average commute time of 32.3 minutes, indicating a reliable and healthy workforce.
How does the ethnic diversity and industry mix impact demand in Bethpage? +
The diverse population, including White, White Non-Hispanic, and Asian communities, combined with top industries like Wholesale Trade, Finance & Insurance, and Real Estate, suggests a robust demand for housing due to employment opportunities, especially considering the high employment rate of 7,798 and the low poverty rate.
What are the implications of the high homeownership rate and median property value for investors? +
The high homeownership rate of 91.0% and median property value of $430,900 indicate a strong, stable housing market in Bethpage, which, coupled with the low poverty rate of 3.3% and high health insurance coverage of 97.2%, suggests that investing in rental properties could yield a stable return, given the market's preference for ownership and the financial stability of the population.
How does the commute time and method affect the quality of life and rental yields in Bethpage? +
The average commute time of 32.3 minutes, with a mix of drive-alone, work-from-home, and public transit options, contributes to a decent quality of life, which can attract renters, especially when considering the low poverty rate and high health insurance coverage, suggesting a stable and potentially high-yielding rental market.
What role does income inequality and the top industries play in assessing market stability for real estate investments? +
The GINI coefficient of 0.433, indicating moderate income inequality, combined with the presence of stable industries like Finance & Insurance and Wholesale Trade, suggests that while there is some economic disparity, the overall economic base is strong, which, paired with the low poverty rate of 3.3% and high employment in these sectors, points to a stable market for real estate investments in Bethpage.

Bethpage NY Real Estate & City Facts

Key facts and real estate information about Bethpage NY.

What are some of the best neighborhoods to live in Bethpage? +
Some of the best neighborhoods to live in Bethpage include the southwest parts of the city, which tend to be more desired, and the west regions, which offer more affordable homes. Specifically, neighborhoods like Bethpage Community Park and areas near the Bethpage State Park are popular among residents.
What are some fun things to do in Bethpage? +
There are plenty of fun things to do in Bethpage, such as visiting the Bethpage Community Park, exploring the Bethpage Bikeway, a 13.4-mile paved path running through suburbs and three parks, and checking out the Hindu Temple Of Long Island. You can also visit the Magic For Kids, Long Island Aquarium, or go hiking at the Bethpage State Park.
What is the food scene like in Bethpage? +
The food scene in Bethpage is diverse and offers a range of options, from hip new restaurants like Banjara, Tasting Room Kitchen & Cocktails, and Peri Peri Grill House, to traditional eateries like Luigi's Restaurant, La Candela, and Popei's Clam Bar. There are also plenty of great food trucks and spots for lunch near Bethpage, such as Me &You Restaurant and Patrizias Hicksville.
What are the pros and cons of living in Bethpage? +
The pros of living in Bethpage include its friendly neighborhood, clean and beautiful parks, and a strong sense of community. However, some cons include the relatively high cost of living, with a median property value of $430,900 and median property taxes of $5,221. Additionally, the area can be prone to traffic and congestion, especially during rush hour.
Is Bethpage a good place to live? +
Overall, Bethpage is a good place to live, offering a unique blend of suburban charm and access to amenities. While it may have its drawbacks, the area's strong sense of community, beautiful parks, and diverse food scene make it an attractive option for those looking to settle in the area. However, it's essential to weigh the pros and cons and consider factors like budget, lifestyle, and personal preferences before making a decision.
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