USANYBabylon240 Deer Park Ave
View of property featuring uncovered parking | Image 1
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$4,877,000

240 Deer Park Ave, Babylon, NY

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $75,654
Days Active 0
Approx. Age 1905
MLS® Number 890433

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This prime mixed-use investment property is strategically located at the high-traffic intersection of Deer Park Avenue & Railroad Avenue in the heart of Babylon Village, directly across from the train station with express service to Manhattan. The offering consists of two attached buildings on a single deeded lot, featuring a diverse mix of residential and retail tenants, along with a separately deeded private parking lot with 14 dedicated spaces, a rare and highly sought after amenity in this bustling downtown location. Building 1: A three story structure with eight residential apartments (4 two-bedroom & 4 One-bedroom) and two ground floor retail spaces. Building 2: A one-story structure with four retail spaces, maximizing street-level visibility and foot traffic. Each unit is separately metered for electric & gas, ensuring ease of management & tenant responsibility for utilities. Six of the eight apartments have been fully renovated, while Apartment #1 and Apartment #7 remain in original condition with under market rents, they offer additional value-add potential. The property is sewer connected and gas serviced, with three grease traps in place to accommodate restaurant or food service tenants.Show Description
MLS® Number890433
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1905
Stories3
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard, Natural Gas
A/CDuctless, Wall/Window Unit(s)
Heating Fuel

Extras

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