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$1,300,000
Est. payment /mo
7,278 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1024346
Rental Info No
Year Built 1925
Annual Tax Amount $28,316
Lot Size 7,278 Sqft
Acres 0.1671
Property Sub-Type Retail
Source onekey2
Property Description
Excellent investment opportunity in the heart of Babylon. This approximately 5,025-square-foot commercial building is a fully income-producing property featuring (7) retail tenants and a strong annual rental income. Ideally located on Deer Park Avenue with high visibility, foot traffic, vehicular traffic and accessibility, this property offers investors an established income stream with multiple tenancies. Annual expenses include taxes, insurance electric/heat and water resulting in an attractive net operating income and investment potential. This is a great opportunity to add a well positioned commercial asset in a highly desirable Babylon location to your portfolio. Income and expense information available upon request. Please do not disturb the tenants. Additional Village Taxes are $2,797.44. 6 Parking Spots, 8 bathrooms. #67 Deer Park Avenue part of the building. Features 6 meters, 2 hot water tanks. Full Basement. Lots of Storage!
Location
State NY
County Suffolk County
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Ductless, Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Common, Off Street, On Street
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Building
Sewer Public Sewer
Water Public
Structure Type Block
Schools
Middle Schools Babylon Junior-Senior High School
High Schools Babylon
School District Babylon
Others
Special Listing Condition None
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Listed by Signature Premier Properties • Cheryl A. Messina
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716



