Medical Office Storefront with
209 Broadway Babylon, NY 11701
For Sale
$950,000
Fully renovated medical storefront offers main-level exam rooms, a finished basement, and ADA-compliant access with an interior elevator.
Property Size1,875 SF
Price / SF$506.67
Days on Market36
Property Features for 209 Broadway
General Information
Standard status
Active
Size
1,875 SF
Listing Agency:
Real Broker NY LLC
(631) 553-7783
Listed By:
Jennifer B. Ronzo E-PRO PSA SRS SR
(631) 553-7783
Source:
Exprealty
Added: Jun 25
Changed: Jul 27
Last Checked: Jul 29 at 6:38PM
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 Real Broker NY LLC
Investment Insights
Based on property information with market context.
This fully renovated medical and professional storefront is designed for immediate occupancy with no build-out required. The main level includes medical-grade space with 8+ exam-style rooms and two half bathrooms, supported by a thoughtfully configured layout. A fully finished basement adds additional usable rooms for exam or office use, with features including built-in sink/vanity, as well as staff-oriented space with sink/laundry and a dishwasher hookup.
The building received a full facade renovation and features an interior passenger elevator for accessibility, along with full ADA compliance. Front street parking and municipal rear parking are included. The property is positioned on Broadway with strong Route 110 visibility.
The overall configuration provides a true two-level professional environment, combining dedicated exam space and flexible lower-level rooms for operational expansion or specialization within a single building.
The building received a full facade renovation and features an interior passenger elevator for accessibility, along with full ADA compliance. Front street parking and municipal rear parking are included. The property is positioned on Broadway with strong Route 110 visibility.
The overall configuration provides a true two-level professional environment, combining dedicated exam space and flexible lower-level rooms for operational expansion or specialization within a single building.
Key Highlights
- Fully renovated medical and professional storefront at 209 Broadway with 1,875 SF of move‑in‑ready space on the main level
- Main level includes 8+ exam‑style rooms plus 2 half bathrooms, designed for immediate occupancy with no build‑out required
- Full finished basement adds additional exam and office rooms for expanded treatment, private offices, records storage, and staff areas
Financial Insights For Office B
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 | $72.0k | $38.40 |
| − Vacancy | −$11.5k | −$6.14 |
| EGI | $60.5k | $32.26 |
| − OpEx | −$15.1k | −$8.06 |
| NOI | $45.4k | $24.19 |
1,875 SF · lease $38.40/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$648.0K
$567.0K – $756.0K
NOI $45,360 @ 7.0% cap · market cap 4.77%
Second Best
Healthcare Medical
$412.5K
$361.0K – $481.3K
NOI $28,877 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$995.1K
$870.8K – $1.16M
NOI $69,660 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Amityville Animal Hospital — 191 Sunrise Hwy, Amityville, NY 11701
- Four Paws Animal Hospital — 199 Broadway, Amityville, NY 11701
- Dr. Anthony J. Cuccaro — 191 Sunrise Hwy, Amityville, NY 11701
Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully renovated medical storefront offers main-level exam rooms, a finished basement, and ADA-compliant access with an interior elevator.
Where is this medical office space located?
The property is located at 209 Broadway Babylon, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Fully renovated medical and professional storefront at 209 Broadway with 1,875 SF of move‑in‑ready space on the main level; Main level includes 8+ exam‑style rooms plus 2 half bathrooms, designed for immediate occupancy with no build‑out required; Full finished basement adds additional exam and office rooms for expanded treatment, private offices, records storage, and staff areas