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    240 Deer Park Ave Babylon, NY 11702

    Pending
    For Sale
    $4,877,000

    Multi Family - Babylon, NY

    Type:Single Family Attached
    Property size:
    13,500 SF
    Days on Market:
    116
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 240 Deer Park Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Pending
    Security features
    Security System, Smoke Detector(s)
    Zoning
    C
    Rooms
    Basement
    Parking
    14
    Parking features
    Parking Lot
    Basement Y/N
    1
    Appliances
    Range, Range - Gas, Refrigerator
    Size
    13,500 SF

    Utilities

    Heating system
    Baseboard, Natural Gas
    Cooling system
    Ductless, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1905
    Number of units
    14
    Flooring type
    Vinyl
    Building materials
    Brick
    Architectural style
    Other

    Signature Premier Properties (631) 673-3700 [email protected]

    Listing agent Stacy L. McFadden SRS (631) 422-3100 License #10301206471

    Listing date Aug 22, 2025

    MLS# 890433 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Babylon Village Mixed-Use Investment

    This mixed-use investment property is located at the intersection of Deer Park Avenue and Railroad Avenue in Babylon Village, directly across from the train station with express service to Manhattan. The property consists of two attached buildings on a single deeded lot, featuring a mix of residential and retail tenants, along with a separately deeded private parking lot with 14 dedicated spaces. The first building is a three-story structure with eight residential apartments, including four two-bedroom and four one-bedroom units, and two ground-floor retail spaces. The second building is a one-story structure with four retail spaces. Each unit is separately metered for electric and gas. Six of the eight apartments have been fully renovated, while Apartment #1 and Apartment #7 remain in original condition. The property is sewer connected and gas serviced, with three grease traps in place to accommodate restaurant or food service tenants. The total living area is 13500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Salon HUE. Hair Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Babylon
    County
    Suffolk
    State
    New York
    Longitude
    -73.3228097
    Latitude
    40.6999957

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Babylon Village, across from the train station.
    Where is this mixed-use property located?
    The property is located at 240 Deer Park Ave Babylon, NY.
    What is the asking price?
    The asking price for this property is $4,877,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Babylon Village, directly across from the train station with express service to Manhattan.; - Rare, separately deeded private parking lot with **14 dedicated spaces**.; - Mixed-use property with diverse mix of residential (8 apartments) and retail (6 spaces) tenants.
    (631) 422-3100
    Request Owner's contact information
    240 Deer Park Ave Babylon, NY 11702
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    Babylon, NY 11702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    240 Deer Park Ave Babylon, NY 11702
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