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    179 Little East Neck Rd Babylon, NY 11702

    Sponsored
    For Sale
    $3,950,000

    Triple-net lease, 100% occupied, ample parking.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment property, located at 179 Little East Neck Road in Babylon, New York, presents a rare opportunity to acquire a highly profitable commercial asset. Currently operating under a triple-net lease, the property boasts 100% occupancy, ensuring a consistent and reliable income stream. The ample parking available significantly enhances the property's appeal to tenants and customers. This offering includes all necessary documentation for a thorough due diligence process, including a comprehensive property profile, lease abstract, and detailed rent schedule. This Babylon location is just one of four available properties

    Property Features for 179 Little East Neck Rd

    General Information

    Property type
    Other commercial real estate
    Location Intelligence

    Current Use by Public Records

    Sikowitz Joel Attorney Babylon's Electrical Repair ... Market Majesty Abstract Services ... Title Company PFY Gay & Lesbian Organization

    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
    -73.33327
    Latitude
    40.6892

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    FAQs

    What type of property is this?
    Commercial real estate - Triple-net lease, 100% occupied, ample parking.
    Where is this commercial real estate located?
    The property is located at 179 Little East Neck Rd Babylon, NY.
    What is the asking price?
    The asking price for this property is $3,950,000.
    (516) 746-0440
    Request Owner's contact information
    179 Little East Neck Rd 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
    179 Little East Neck Rd Babylon, NY 11702
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