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    358 Sunrise Hwy Babylon, NY 11704

    Sponsored
    For Sale
    $2,650,000

    Babylon, NY: High-Traffic Investment

    Property size:
    16,229 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional Babylon, NY commercial property, located on Sunrise Highway, presents a unique investment opportunity. Boasting 16,229 square feet on a 1.12-acre lot, the main building features six ground-floor storefronts previously occupied by diverse businesses, showcasing its versatility. A rear 16-foot high garage door with attached office space is ideal for automotive uses. The second floor comprises nine adaptable suites, ranging from one to four rooms, with shared bathrooms. A separate, commercially zoned house is included, adding significant value. Ample rear parking accommodates tenants and customers. Benefit from a daily traffic count of 76,000 vehicles, ensuring high visibility. The property's expansive lot and prime location offer substantial redevelopment potential, making it an attractive asset for investors seeking to capitalize on a high-traffic area. The existing building's flexible layout, combined with the additional house, provides a solid foundation for various business ventures or residential conversions. Currently 100% vacant, this property is ready for its next chapter. The combination of high traffic, diverse spaces, and development potential makes this a valuable asset in a thriving commercial area.

    Property Features for 358 Sunrise Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    16,229 SF
    Lot Size
    48,787 SF

    Building Details

    Year Built
    1956
    Property Profile Location Intelligence

    Current Use by Public Records

    Beds-N-More for so much ... Mattress Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Babylon
    County
    Suffolk County
    State
    New York
    Longitude
    -73.36352
    Latitude
    40.71231

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    FAQs

    What type of property is this?
    Commercial real estate - Babylon, NY: High-Traffic Investment
    Where is this commercial real estate located?
    The property is located at 358 Sunrise Hwy Babylon, NY.
    What is the asking price?
    The asking price for this property is $2,650,000.
    (631) 226-5995
    Request Owner's contact information
    358 Sunrise Hwy Babylon, NY 11704
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    Babylon, NY 11704
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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
    358 Sunrise Hwy Babylon, NY 11704
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