Retail Space Near
For Sale
Contact for pricing
29 Deer Park Avenue, Babylon, NY 11702
Located near the LIRR station, shopping, dining and other local businesses in Babylon Village.
Property Size12,300 SF
Price / SF$0.21
Days on Market15
Property Features for 29 Deer Park Avenue
General Information
Standard status
Active
Size
12,300 SF
Property subtype
Retail
Listing Agency:
Neil Charles Real Estate
Listed By:
Ann Stettner · License #10401201931
(917) 660-3266
Source:
Neilcharlesrealestate
Added: Oct 16
Changed: Oct 30
Last Checked: Oct 30 at 1:49AM
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 Neil Charles Real Estate
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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.
Retail space at 29 Deer Park Avenue in Babylon Village, with the LIRR station, shopping, dining and other local businesses nearby.
Key Highlights
- Babylon Village location at 29 Deer Park Avenue
- Near the LIRR station, shopping, dining and local businesses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$276,278
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,525,560
$5.5M
Cap Rate 7%
$3,946,829
$3.9M
Cap Rate 9%
$3,069,756
$3.1M
Market Conditions
NOI Build-Up for 12,300 SF
Gross rent
$413.3K $33.60/SF
− Vacancy
−$18.6K −$1.51/SF
EGI
$394.7K $32.09/SF
− OpEx
−$118.4K −$9.63/SF
NOI
$276.3K $22.46/SF
Area
Babylon, NY
Vacancy
4.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,525,560
Cap Rate 7%
$3,946,829
Cap Rate 9%
$3,069,756
Alternative Uses
Best Use
Retail
$3.95M
$3.45M – $4.60M
NOI $276,278 @ 7.0% cap · market cap 10,626.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.53M
$5.71M – $7.62M
NOI $456,970 @ 7.0% cap · market cap 17,575.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,615
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 30%
Home Improvements & Furnishings 6%
Cold Stone Creamery
Dining
7,017 visits/mo
0.2 miles
Chase Bank
Shops & Services
5,350 visits/mo
0.1 miles
Sweet Sensations
Dining
1,536 visits/mo
0.1 miles
Domino's Pizza
Dining
1,253 visits/mo
0.2 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
973 visits/mo
0.3 miles
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Located near the LIRR station, shopping, dining and other local businesses in Babylon Village.
Where is this retail space located?
The property is located at 29 Deer Park Avenue Babylon, NY.
What are key features of this property?
This property features: Babylon Village location at 29 Deer Park Avenue; Near the LIRR station, shopping, dining and local businesses
