West Babylon Warehouse For Sale

501-511 Broadway, West Babylon, NY 11704

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For Sale

$2,150,000

Two-story warehouse with high ceilings on a 28,000 sqft lot.

Type:Commercial/Industrial

Property size:

8,800 SF

Lot size:

0.64 Acres

Price / SF:

$244/SF

HighLights

Large 8,800+ sqft warehouse on a 28k sqft lot, offering significant space and potential.
Excellent location in the heart of West Babylon, with high visibility and 200' of frontage.
Manufacturing & Processing (710) Zoning, suitable for a variety of business uses.
Convenient access to major transportation routes: Sunrise Highway (Rt. 27), Route 231, Southern State Parkway, and Babylon LIRR Station.
Features include 20' ceilings, 4 roll‑up doors, 26 parking spaces, 3‑phase power, and new LED lighting.
Property can be delivered vacant, providing immediate occupancy or redevelopment opportunities.

We can help!

Listing Contact

Richard Matt Shane

Learn more

For Sale

$2,150,000

Two-story warehouse with high ceilings on a 28,000 sqft lot.

Type:Commercial/Industrial

Property size:

8,800 SF

Lot size:

0.64 Acres

Price / SF:

$244/SF

Added:: Jan 7, 2025
Days on Market:: 531
Last Refresh:: May 19 at 9:47 pm

Property Features for 501-511 Broadway

General Information

Standard status: Active
Size: 8,800 SF
Lot size: 0.64 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1973

We can help!

Listing Contact

Richard Matt Shane

Listing agent Richard Matt Shane License #10301216230

Listing office All Island Estates Realty Corp

Listing date Jan 7, 2025

Source Exitrealty

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 All Island Estates Realty Corp

HighLights

Large 8,800+ sqft warehouse on a 28k sqft lot, offering significant space and potential.
Excellent location in the heart of West Babylon, with high visibility and 200' of frontage.
Manufacturing & Processing (710) Zoning, suitable for a variety of business uses.
Convenient access to major transportation routes: Sunrise Highway (Rt. 27), Route 231, Southern State Parkway, and Babylon LIRR Station.
Features include 20' ceilings, 4 roll‑up doors, 26 parking spaces, 3‑phase power, and new LED lighting.
Property can be delivered vacant, providing immediate occupancy or redevelopment opportunities.

Overview

This two-story warehouse, offering over 8,800 sqft of space, is available for sale. Situated on a 28,000 sqft lot, the property features 20-foot ceilings and benefits from excellent signage and exposure. It includes 26 parking spaces and 200 feet of frontage. Zoned for manufacturing and processing (710), the warehouse is equipped with 4 roll-up doors, an office area, 3-phase power, new LED lighting, side yard, and CAC. Located in the heart of West Babylon, it is 4 blocks from Sunrise Highway (Rt. 27) between exits 39 & 40, and minutes from Belmont Lake State Park, Route 231, Southern State Parkway, and Babylon LIRR Station. The property has been home to a successful coffee manufacturer for over 40 years. Neighbors include Toyota, Kia, Volkswagen, Hyundai, Subaru, Starbucks, Public Storage, P. C. Richard & Son, Stop & Shop, LA Fitness, Dunkin’s, PetSmart, AutoZone, Uncle Giuseppe’s, Walgreens, Taco Bell, McDonald’s, Wendy’s, Sonic, Aldi, and Lidl. The entire property can be delivered vacant, presenting a development opportunity or a new location for a business. The annual taxes are $32,603.48.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$169.0k	$19.20
− Vacancy	−$10.3k	−$1.17
EGI	$158.7k	$18.03
− OpEx	−$23.8k	−$2.70
NOI	$134.9k	$15.32

8,800 SF · lease $19.20/SF/yr · vacancy 6.10% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$1.93M

$1.69M – $2.25M (±1% cap)

NOI $134,855 @ 7.0% cap · market cap 6.27%

Second Best

Industrial

$1.78M

$1.56M – $2.08M (±1% cap)

NOI $124,940 @ 7.0% cap · market cap 5.81%

Theoretical Best

Office A

$4.67M

$4.09M – $5.45M (±1% cap)

NOI $326,938 @ 7.0% cap · market cap 15.21%

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

Location Intelligence

Current Use by Public Records

Manufacturing properties

Suggested Use

Similar Places Nearby

Public Storage — 821 Sunrise Hwy, West Babylon, NY 11704
StorQuest Self Storage — 260 Farmingdale Rd, West Babylon, NY 11704

Location Insight

Map
Local Demand

City: West Babylon
County: Suffolk
State: New York
Longitude: -73.3339
Latitude: 40.7168

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For sale
Warehouses
NY
West Babylon
11704
501-511 Broadway

What type of property is this?

Warehouse - Two-story warehouse with high ceilings on a 28,000 sqft lot.

Where is this warehouse located?

The property is located at 501-511 Broadway West Babylon, NY.

What is the asking price?

The asking price for this property is $2,150,000.

What are key features of this property?

This property features: Large 8,800+ sqft warehouse on a 28k sqft lot, offering significant space and potential.; Excellent location in the heart of West Babylon, with high visibility and 200' of frontage.; Manufacturing & Processing (710) Zoning, suitable for a variety of business uses.