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North Bellmore, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in North Bellmore, New York Market population: 20K. Compare commercial properties across all major asset...

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📊 Average Cap Rate For North Bellmore 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 North Bellmore NY Properties: 2.4000%

⭐ 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 North Bellmore NY

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

What makes North Bellmore, NY an attractive market for real estate investment? +
The combination of a high median household income of $101,025, a low poverty rate of 3.4%, and a high health insurance coverage rate of 97.0% suggests a stable and secure market for investors, with a strong potential for rental income and property appreciation. Additionally, the top industries in the area, including Public Administration and Finance & Insurance, indicate a diverse and robust economy. The median property value of $427,600 and median property taxes of $5,855 also provide a solid foundation for investment.
How does the demographic makeup of North Bellmore, NY impact the real estate market? +
The demographic makeup of North Bellmore, NY, with a median age of 42.9 and a diverse population including White, White Non-Hispanic, and Hispanic ethnicities, suggests a stable and family-oriented community. The high homeownership rate of 90.1% and low poverty rate of 3.4% also indicate a strong sense of community and low risk for investors. Furthermore, the average commute time of 31.5 minutes and top commute methods, including driving alone and public transit, suggest a convenient and accessible location.
What are the key factors that contribute to the quality of life in North Bellmore, NY, and how do they impact real estate investment? +
The quality of life in North Bellmore, NY is influenced by factors such as the average commute time of 31.5 minutes, the high health insurance coverage rate of 97.0%, and the low poverty rate of 3.4%. These factors suggest a stable and secure environment, which can contribute to a strong demand for housing and a low risk for investors. Additionally, the top commute methods, including driving alone and public transit, indicate a convenient and accessible location, making it an attractive option for renters and homeowners alike.
How does the economy of North Bellmore, NY impact the real estate market, and what are the key industries that drive growth? +
The economy of North Bellmore, NY is driven by top industries such as Public Administration, Finance & Insurance, and Manufacturing, which suggest a diverse and robust economy. The median household income of $101,025 and the low poverty rate of 3.4% also indicate a strong and stable economy, which can contribute to a high demand for housing and a low risk for investors. Furthermore, the GINI coefficient of 0.36 suggests a relatively low level of income inequality, which can also contribute to a stable and secure market.
What are the key metrics that investors should consider when evaluating the real estate market in North Bellmore, NY? +
Investors should consider key metrics such as the median property value of $427,600, the median property taxes of $5,855, and the homeownership rate of 90.1%, which suggest a stable and secure market. Additionally, the poverty rate of 3.4%, the health insurance coverage rate of 97.0%, and the average commute time of 31.5 minutes should also be considered, as they indicate a strong potential for rental income and property appreciation. The top industries and demographic makeup of the area should also be evaluated to ensure a diverse and robust economy.

North Bellmore NY Real Estate & City Facts

Key facts and real estate information about North Bellmore NY.

What are some of the best neighborhoods to live in North Bellmore? +
Some of the best neighborhoods to live in North Bellmore include the west parts of the city, which tend to be more desired, and the north regions, which offer more affordable homes. Neighborhoods like Forest City Section of Wantagh are also popular.
What are some fun things to do in North Bellmore? +
There are plenty of fun things to do in North Bellmore, including visiting Mill Pond Park, Newbridge Road Park, and Meroke Preserve. You can also check out the American Air Power Museum, take a tour with Sunrise Tours and Travel, or enjoy a cruise with New York Princess Cruises. Jones Beach State Park is also nearby, featuring 6.5 miles of white-sand beach along the Atlantic Ocean.
What is the food scene like in North Bellmore? +
The food scene in North Bellmore is diverse and offers a range of options. Some popular restaurants include Elisa's Restaurant, Mama Gina's, Blue Waters Mediterranean Cuisine, and Gino's of Tuscany. You can also find great takeout options like Fat Boys and international cuisine at Kwong Ming. There are also plenty of great food trucks and cafes, like International Delight Cafe, which serves the best gelato and diner food.
What are the pros and cons of living in North Bellmore? +
The pros of living in North Bellmore include its suburban lifestyle, good schools, and access to Long Island's amenities. The community is also family-oriented, and there are plenty of outdoor activities to enjoy. However, some cons include the relatively high cost of living, and the fact that it may not be as urban or exciting as other areas. Additionally, traffic and commute times can be a challenge, especially during rush hour.
Is North Bellmore a good place to live? +
Overall, North Bellmore is a great place to live, offering a unique blend of suburban charm and access to urban amenities. While it may not be perfect, the community is friendly, the schools are good, and there are plenty of things to see and do. If you're looking for a family-oriented community with a strong sense of neighborhood, North Bellmore might be an excellent choice for you.
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