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Babylon NY, 11704 $799,000

Retail Commercial , 3100 SqFt 

Details ML#: 3588851  

  • # of Families: 2
  • Sale or Rent:Sale
  • Year Built: 1951
  • Taxes: $19,000
  • Status:Active

Description

This well-maintained commercial property offers a rentable building area of 3, 100 sqft and generates an annual income of $76, 800. With a Net Operating Income (NOI) of $52, 100, and property taxes at 19, 000 annually, this investment provides a solid 6.5% Cap Rate. Ideal for investors seeking consistent income with excellent returns, this property combines location, quality, and financial strength. Don’t miss out on this opportunity to add a high-performing asset to your portfolio!

More Property Details

Property Features

Approx. Int. Sq. Ft.: 3100.00  

Appliances & Utilities

Heat: Other   Sewer: Other  

Financial

Taxes: $19,000  

Local Area Information

Block: 1   Lot: 13  

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