Entity Owned Property summary
AI-generated overview
This exceptional mixed-use property at 501 Broadway, Babylon, NY, presents a compelling investment opportunity. Boasting 8,864 square feet on a 28,000 square foot lot, this two-story warehouse features impressive 20-foot ceilings, providing ample space for various uses. The building includes four roll-up doors, a sizable office area, and 26 parking spaces. Benefitting from excellent signage and high visibility, the property enjoys 200 feet of frontage on Broadway. The zoning designation is Manufacturing & Processing (710). Modern upgrades include all new LED lighting, central air conditioning, and three-phase power. The property's strategic location in the heart of West Babylon offers unparalleled convenience, just four blocks from Sunrise Highway (Route 27) between exits 39 and 40. Nearby amenities include major retailers such as Starbucks, Stop & Shop, and numerous national chains, as well as easy access to Belmont Lake State Park, Route 231, the Southern State Parkway, and the Babylon LIRR station. The property has a long history as a successful coffee manufacturer and can be delivered vacant. Annual property taxes are $32,603.48. This property offers significant upside potential for developers and end-users alike.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1984
Total area
8,200 SF
Lot
0.28 ac (12,000 SF)
Zoning code
GA
APN
0100-160.00-01.00-009.000
UPID
US63-2639238
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Cafe & Coffee Shop Specialty Food Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.24M
CAP Approach
CAP
$1.79M
Comparable Approach
Comparable
$2.23M
Blend (final)
Blend
$1.70M
Owner & transaction history
Zoning & alternative use
GA · West Babylon, NY
Top alternative use upside
Commercial (general)
$2.6M
+46.4%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.70M
Value range
$1.53M – $1.86M
±10% around blend
Estimated value / SF
$207 / SF
Confidence
Property data
75
Market benchmarks
100
Comparable evidence
60
$1.53M
blend $1.70M
$1.86M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,200 SF
Lot area
0.28 ac
Year built
1984
APN
0100-160.00-01.00-009.000
Zoning
GA
Assessed value
$8,850
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.79M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.94M
@ 6.5% CAP return
$1.79M
@ 7% CAP return
$1.67M
4
Sales comparison
Partial preview
Sales approach indication
$2.23M
Range $1.13M – $2.23M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.70M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 49 sales
$215
-4%
Submarket 50 sales
$214
-4%
County 170 sales
$241
-14%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $207/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+46%
vs current-use indication
Industrial (general) · current use
Warehouse, Storage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
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Overview
Implied cap rate
9.40%
Implied, in-place cap rate for this manufacturing properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.40%
9.0%
NOI (est.)
$620 *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$7k
Move the market yield to see immediate price impact.
Value / SF
$1
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.90%9.40%9.90%
$558
$6k
$6k
$6k
$620
$7k
$7k
$6k
$682
$8k
$7k
$7k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$8,850
Assessed 2023
Previous assessed
$8,850
+0.0% YoY
Assessed land
$1,200
Assessed improvement
$7,650
Land market value
$1,818
Improvement market value
$11,591
Total market value
$13,409
Applied tax rate
472,003.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1984
Heating
NONE
Total area
8,200 SF
Lot
0.28 ac (12,000 SF)
Zoning code
GA
APN
0100-160.00-01.00-009.000
UPID
US63-2639238
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
GA · West Babylon, NYZoning GA · permitted uses
GA · West Babylon, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Lot
0.28 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
GA
Jurisdiction
West Babylon, NY
Recorded code
GA
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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