Three-Bay Auto Repair
New
For Sale
$1,300,000
1215 Little East Neck Rd, West Babylon, NY 11704
E Business zoning and separate electric meters support the property's prior use for two businesses.
Property Size3,837 SF
Lot Size0.40 Acres
Price / SF$338.81
Days on Market3
Property Features for 1215 Little East Neck Rd
General Information
Standard status
Active
Size
3,837 SF
Lot size
0.40 Acres
Property subtype
Industrial
Zoning
E Business
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Service Bays
3
Taxes and HOA fees
Annual Taxes
$17,155
Amenities
3 Phase Power
Skylights
Basement
Building Details
Building Size
3,837 SF
Year Built
1987
Buildings
1
Units
2
Listing Agency:
Charles Rutenberg Realty Inc
Listed By:
Joyce E. Stewart GRI · License #10301217722
(516) 983-9261
Source:
Elliman
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 21 at 2:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charles Rutenberg Realty Inc
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Investment Insights
Based on property information with market context.
The 3,837-square-foot auto repair facility sits on a 0.4-acre parcel and is currently operating as an auto repair shop. Its layout includes three service bays, ceiling heights ranging from 14 to 17 feet, and an 800-square-foot basement. Building features include 3-phase power, two oil tanks, and two skylights. Separate electric meters served two businesses on the property.
The parcel measures 161 feet of frontage by 108 feet deep and occupies a corner visible from Straight Path. The property is zoned E Business and includes a gated yard with parking at both the front and rear.
The parcel measures 161 feet of frontage by 108 feet deep and occupies a corner visible from Straight Path. The property is zoned E Business and includes a gated yard with parking at both the front and rear.
Key Highlights
- 3,837‑square‑foot building on a 0.4‑acre parcel
- Three service bays and ceiling heights of 14'–17'
- 800‑square‑foot basement; 3‑phase power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,185
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,723,700
$1.7M
Cap Rate 7%
$1,231,214
$1.2M
Cap Rate 9%
$957,611
$957.6K
Market Conditions
NOI Build-Up for 3,837 SF
Gross rent
$128.9K $33.60/SF
− Vacancy
−$5.8K −$1.51/SF
EGI
$123.1K $32.09/SF
− OpEx
−$36.9K −$9.63/SF
NOI
$86.2K $22.46/SF
Area
Babylon, NY
Vacancy
4.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,723,700
Cap Rate 7%
$1,231,214
Cap Rate 9%
$957,611
Alternative Uses
Best Use
Retail
$1.23M
$1.08M – $1.44M
NOI $86,185 @ 7.0% cap · market cap 6.63%
Second Best
Industrial
$778.2K
$681.0K – $907.9K
NOI $54,476 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$2.04M
$1.78M – $2.38M
NOI $142,552 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Service bays
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
521
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 66%
Dining 34%
Sunoco
Shops & Services
4,637 visits/mo
0.4 miles
Giovanni's Pizza
Dining
1,808 visits/mo
0.4 miles
M&T Bank
Shops & Services
1,639 visits/mo
0.4 miles
Carvel Ice Cream
Dining
1,374 visits/mo
0.4 miles
Demographics for 11704, NY
40,367
Population
13,406
Households
3
Avg Household Size
42
Median Age
32%
College-Educated
89%
High-School Grad
7.9 sq mi
ZIP Area
5,110
Density / Sq Mi
$127,034
Median Household Income
$55,098
Median Earnings
$2,089
Median Rent
$485,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Rite Cars Inc — 309 Sunrise Hwy, Lindenhurst, NY 11757
- Hassell Express Auto Body Babylon — 390 ny-109, west babylon, ny 11704
- West Suffolk Auto Body — 400 NY-109, West Babylon, NY 11704
- Hassell Auto Body — 390 NY-109, West Babylon, NY 11704
- Pro Lube — 336 NY-109, West Babylon, NY 11704
Frequently Asked Questions
What type of property is this?
Auto shop - E Business zoning and separate electric meters support the property's prior use for two businesses.
Where is this auto shop located?
The property is located at 1215 Little East Neck Rd West Babylon, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 3,837‑square‑foot building on a 0.4‑acre parcel; Three service bays and ceiling heights of 14'–17'; 800‑square‑foot basement; 3‑phase power
