Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    180 Babylon Tpke Roosevelt, NY 11575

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $5,000,000

    6,000 SF Commercial Building - $5M

    Property size:
    6,000 SF

    Property Features for 180 Babylon Tpke

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,000 SF

    Building Details

    Year Built
    1959

    We can help!

    Listing Contact
    Ken Kaplan

    Listing Agency: ERealty Advisors Inc Listing Agent: Ken Kaplan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 6,000 square foot commercial property, located at 180 Babylon Turnpike in Roosevelt, New York, presents a significant investment opportunity. Situated on a lot with no acreage specified, the building offers ample space for a variety of commercial uses. The asking price is $5,000,000. The property's versatile layout and prominent location make it ideal for businesses seeking a substantial presence in a thriving area. The building's size and design provide flexibility for customization to suit specific business needs. Potential buyers are encouraged to conduct their own due diligence to assess the suitability of the property for their intended use. This is a rare opportunity to acquire a substantial commercial property in a desirable location. The property's strategic positioning offers excellent visibility and accessibility, making it an attractive option for businesses seeking high foot traffic or convenient access for customers and employees. Further details regarding the property's internal layout, zoning regulations, and potential for expansion are available upon request. Serious inquiries only. The property is offered as-is. Prospective buyers are responsible for verifying all information and conducting their own independent inspections.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Roosevelt
    County
    Nassau County
    State
    New York
    Longitude
    -73.58402
    Latitude
    40.67523

    Nearby Similar for Sale

    • $7,490,000
      16,000 SF

      Roosevelt Industrial Property For Sale

      Industrial property in Roosevelt, NY, with ample space and recent updates.
      300 Babylon Tpke, Roosevelt, NY 11575
      View Details
    • $749,999

      Nassau Road Specialty Property

      Specialty property available for sale on Nassau Road.
      257-259 Nassau Rd, Roosevelt, NY 11575
      View Details
    • $699,999

      Well-Maintained Two-Family Home

      Two-family home in Roosevelt with finished basement and hardwood floors.
      16 Spring St, Roosevelt, NY 11575
      View Details
    • Contact for pricing
      13,500 SF

      Main Road Exposure Warehouse

      Warehouse with commercial tenants, main road exposure, and low taxes.
      20 W Centennial Ave, Roosevelt, NY 11575
      View Details
    • $7,490,000
      16,000 SF

      Prime Roosevelt Industrial Space

      Spacious Industrial Building - Excellent Location
      300 Babylon Tpke, Roosevelt, NY 11575
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 6,000 SF Commercial Building - $5M
    Where is this commercial real estate located?
    The property is located at 180 Babylon Tpke Roosevelt, NY.
    What is the asking price?
    The asking price for this property is $5,000,000.
    (516) 888-9715
    Request Owner's contact information
    180 Babylon Tpke Roosevelt, NY 11575
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    180 Babylon Tpke
    Roosevelt, NY 11575
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    180 Babylon Tpke Roosevelt, NY 11575
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ken Kaplan
    (516) 888-9715
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!