Auto Repair Shop with Gated
New
For Sale
$1,300,000
1215 Little East Neck Road, West Babylon, NY 11704
The property is currently used for auto repair and includes a separate basement area.
Property Size3,837 SF
Lot Size0.40 Acres
Price / SF$338.81
Days on Market4
Property Features for 1215 Little East Neck Road
General Information
Standard status
Active
Size
3,837 SF
Lot size
0.40 Acres
Property subtype
Commercial
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
$17,156
Amenities
3 Phase Power
2 new oil tanks
2 Skylight
ceiling height 14' - 17'
Basement 800 sq ft
gated yard
corner lot
Central air
Central Air Cooling
Oil Heating
Private
Building Details
Year Built
1987
Buildings
1
Listing Agency:
CHARLES RUTENBERG REALTY INC
(516) 575-7500
Listed By:
JOYCE E. STEWART GRI · License #10301217722
(516) 983-9261
Source:
Corcoran
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 2:27AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The auto repair property includes a 3,837-square-foot building with three service bays and an 800-square-foot basement. Ceiling heights range from 14' to 17'. The site also has an oversized gated yard, parking at the front and rear, three-phase power, two oil tanks, and two skylights. Two electric meters serve the property, which has been used for separate businesses. Current use is auto repair, and zoning is E Business.
The 0.4-acre parcel has 161 feet of frontage and a depth of 108 feet. The building is visible from Straight Path and occupies a corner location.
The 0.4-acre parcel has 161 feet of frontage and a depth of 108 feet. The building is visible from Straight Path and occupies a corner location.
Key Highlights
- 3,837‑square‑foot building with three service bays
- 0.4‑acre parcel with 161 feet of frontage and 108‑foot depth
- Oversized gated yard and parking at the front and rear
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
Current Use
Lease Details
3
Service bays
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
4,237 visits/mo
0.2 miles
Penske Truck Rental
Shops & Services
1,321 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
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Galaxy car care — 945 Straight Path, West Babylon, NY 11704
- S & T Auto Services Center — 1000 Little East Neck Rd, West Babylon, NY 11704
- JK Auto Service & Tires — 1041 Little East Neck Rd, West Babylon, NY 11704
- Long Island Dispatch LDT Towing — 34 westchester ave n, west babylon, ny 11704
- Royalty Auto Repair Inc. — 34 Kean St, West Babylon, NY 11704
Frequently Asked Questions
What type of property is this?
Auto shop - The property is currently used for auto repair and includes a separate basement area.
Where is this auto shop located?
The property is located at 1215 Little East Neck Road 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 with three service bays; 0.4‑acre parcel with 161 feet of frontage and 108‑foot depth; Oversized gated yard and parking at the front and rear
