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Updated Three-Unit Triplex
New
For Sale
$1,299,999

222 Cedar Lane, Babylon, NY 11702

Residential Income, Babylon, NY

Property SizeContact for details
Days on Market2

Property Features for 222 Cedar Lane

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 5, Bathroom 1
Parking features On Street, Driveway
Interior features First Floor Bedroom, First Floor Full Bath, Crown Molding, Natural Woodwork
Elementary school Babylon Elementary School
Middle school Babylon Junior-Senior High School
High school Babylon Junior-Senior High School
Elementary school district Babylon
Middle school district Babylon
High school district Babylon
Standard status Active

Additional Details

Individually Metered Utilities electric, gas, water

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 20132

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Ductless
Water source Public

Building Details

Year built 1900
Number of units 3
Building materials Frame
Listing Agency: Eric G Ramsay Jr Assoc LLC
Listed By: Eric Gordon Ramsay IV · License #49RA1034135
Added: Oct 29 Last Checked: Oct 29 at 11:06PM
MLS# 1065197

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This three-family triplex in Babylon has separate electric, gas, and water meters for each unit. Updates completed in 2024 and afterward include kitchens and appliances throughout, refreshed bathrooms and flooring, new washers and dryers, and ductless split heating and air conditioning. The property also has a detached one-car garage, frame construction, and public water and sewer service.

The residence is near Babylon's Main Street, the LIRR station, and village beaches. Built in 1900, it includes first-floor bedroom and full-bath features, along with natural woodwork and crown molding.

Key Highlights

  • Three‑family triplex with separate electric, gas, and water meters for each unit
  • 2024 updates and subsequent improvements include kitchens, appliances, flooring, and bathrooms
  • Ductless split heating and air conditioning, plus new washers and dryers

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

745
Businesses Nearby

Demographics for 11702, NY

14,580
Population
5,939
Households
2.5
Avg Household Size
43
Median Age
53%
College-Educated
97%
High-School Grad
11.5 sq mi
ZIP Area
1,268
Density / Sq Mi
$136,711
Median Household Income
$66,898
Median Earnings
$2,369
Median Rent
$598,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Separate utility meters, refreshed kitchens and bathrooms, and a detached garage support the property's three-unit configuration.
Where is this triplex located?
The property is located at 222 Cedar Lane Babylon, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: Three‑family triplex with separate electric, gas, and water meters for each unit; 2024 updates and subsequent improvements include kitchens, appliances, flooring, and bathrooms; Ductless split heating and air conditioning, plus new washers and dryers
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