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    Freestanding Retail Building with Dry Cleaner Title is generated by Realmo AI

    163 Broadway, Babylon, NY 11701

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    For Sale
    $825,000

    Freestanding building currently occupied by a long-established dry-cleaning business along Broadway.

    Type:Retail
    Property size:
    2,400 SF
    Price / SF:
    $343/SF
    Added:
    Jun 17, 2026
    Days on Market:
    15
    Last Refresh:
    Jun 24 at 8:15 am

    Property Features for 163 Broadway

    General Information

    Standard status
    Active
    Size
    2,400 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1955

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    Ji Hong

    Listing office Promise Realty LLC

    Listing date Jun 17, 2026

    Source Xome

    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 Promise Realty LLC

    HighLights

    • Freestanding commercial building occupied by a long‑established dry‑cleaning business
    • Located along Broadway, one of the area’s primary commercial corridors
    • Central Air cooling and heating system included
    • Built in 1955
    • 1 parking space

    Overview

    This for-sale freestanding commercial building is currently occupied by a long-established dry-cleaning business. The property is positioned for street-level retail use, with an operating history tied to the area’s local customer base.

    Located on Broadway in the heart of Amityville, the property benefits from strong storefront visibility and consistent vehicle traffic. Access to major roadways supports both nearby residents and commuters, and the surrounding area includes a mix of established residential communities, neighborhood retail, professional services, and dining.

    For buyers and tenants seeking a retail-focused asset, the current dry-cleaning occupancy provides immediate operational use. The building’s freestanding format can also support future business continuity or, subject to zoning regulations and municipal approvals, potential mixed-use redevelopment or expansion considerations.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $80.6k $33.60
    − Vacancy −$3.6k −$1.51
    EGI $77.0k $32.09
    − OpEx −$23.1k −$9.63
    NOI $53.9k $22.46
    2,400 SF · lease $33.60/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $770.1K
    $673.9K – $898.5K (±1% cap)
    NOI $53,908 @ 7.0% cap · market cap 6.53%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.27M
    $1.11M – $1.49M (±1% cap)
    NOI $89,165 @ 7.0% cap · market cap 10.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • Southside Florist — 86 Broadway, Amityville, NY 11701
    • Stop & Shop Florist — 351 Merrick Rd, Amityville, NY 11701
    • South Shore Florist Inc — 86 Broadway, Amityville, NY 11701

    Location Insight

    • Map
    • Local Demand
    City
    Babylon
    County
    Suffolk
    State
    New York
    Longitude
    -73.416961
    Latitude
    40.6768274

    FAQs

    What type of property is this?
    Storefront property - Freestanding building currently occupied by a long-established dry-cleaning business along Broadway.
    Where is this storefront property located?
    The property is located at 163 Broadway Babylon, NY.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: Freestanding commercial building occupied by a long‑established dry‑cleaning business; Located along Broadway, one of the area’s primary commercial corridors; Central Air cooling and heating system included
    More about this property
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