Medical Office Storefront with
For Sale
$950,000
Pending
209 Broadway, Babylon, NY 11701
Fully renovated medical storefront offers main-level exam rooms, a finished basement, and ADA-compliant access with an interior elevator.
Property Size1,875 SF
Days on Market124
Property Features for 209 Broadway
General Information
Standard status
Pending
Size
1,875 SF
Taxes and HOA fees
Annual Taxes
$12,851
Listing Agency:
Real Broker NY LLC
(855) 450-0442
Listed By:
Jennifer B. Ronzo E-PRO PSA SRS SR
(631) 553-7783
Source:
Exprealty
Added: Jun 25
Changed: Oct 26
Last Checked: Oct 24 at 10:37PM
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
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$45,360
Cap Rate
4.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$907,200
$907.2K
Cap Rate 7%
$648,000
$648.0K
Cap Rate 9%
$504,000
$504.0K
Market Conditions
NOI Build-Up for 1,875 SF
Gross rent
$72.0K $38.40/SF
− Vacancy
−$11.5K −$6.14/SF
EGI
$60.5K $32.26/SF
− OpEx
−$15.1K −$8.06/SF
NOI
$45.4K $24.19/SF
Area
Babylon, NY
Vacancy
16.00%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$907,200
Cap Rate 7%
$648,000
Cap Rate 9%
$504,000
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.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,550
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11701, NY
27,831
Population
9,544
Households
2.9
Avg Household Size
41
Median Age
31%
College-Educated
87%
High-School Grad
4.6 sq mi
ZIP Area
6,050
Density / Sq Mi
$110,639
Median Household Income
$48,080
Median Earnings
$2,307
Median Rent
$489,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Four Paws Animal Hospital — 199 Broadway, Amityville, NY 11701
- Amityville Animal Hospital — 191 Sunrise Hwy, 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
