Branded Gas Station with Convenience
367 Sunrise Highway West Babylon, NY 11704
367 Sunrise Highway, West Babylon, NY, 11704
$699,000
For Sale
$699,000
Branded gas station sale includes a nearly 2,000 sq ft c-store and additional retail services like lottery and ATM.
Property Size2,000 SF
Price / SF$349.50
Days on Market128
Property Features for 367 Sunrise Highway
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1968
Listing agency
E REALTY INTERNATIONAL CORP
(718) 886-8110
Listed by
XIN WANG
Source
Corcoran
Added: Mar 16 Updated: Jul 20 at 6:19PM Checked: Jul 21 at 5:46AM
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 E REALTY INTERNATIONAL CORP
Investment Insights
Based on property information with market context.
This well established branded gas station business is offered for sale at 367 Sunrise Highway, West Babylon, NY 11704. The site features a super-large convenience store of nearly 2,000 square feet, alongside gasoline operations. Public remarks also indicate steady fuel volume and additional revenue streams from lottery, an ATM, and other services.
The property is described as a high-exposure location on Sunrise Highway. A long lease is stated to be in place with favorable terms, providing continuity for an experienced operator or investor.
The property is described as a high-exposure location on Sunrise Highway. A long lease is stated to be in place with favorable terms, providing continuity for an experienced operator or investor.
Key Highlights
- Branded gas station business for sale on Sunrise Highway in West Babylon (Year built: 1968).
- Nearly 2,000 sq ft C‑store as part of the sale.
- Long lease in place with favorable terms.
Local Financial Insights For Specialty 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 | $72.0k | $36.00 |
| − Vacancy | −$2.9k | −$1.44 |
| EGI | $69.1k | $34.56 |
| − OpEx | −$17.3k | −$8.64 |
| NOI | $51.8k | $25.92 |
2,000 SF · lease $36.00/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$740.6K
$648.0K – $864.0K
NOI $51,840 @ 7.0% cap · market cap 7.42%
Second Best
Retail
$641.8K
$561.5K – $748.7K
NOI $44,923 @ 7.0% cap · market cap 6.43%
Theoretical Best
Office A
$1.06M
$928.8K – $1.24M
NOI $74,304 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
bp
Gas Station
Five Star Auto ...
Auto Repair Shop
LibertyX Bitcoin ATM
Atm
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FAQs
What type of property is this?
Gas station - Branded gas station sale includes a nearly 2,000 sq ft c-store and additional retail services like lottery and ATM.
Where is this gas station located?
The property is located at 367 Sunrise Highway West Babylon, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Branded gas station business for sale on Sunrise Highway in West Babylon (Year built: 1968).; Nearly 2,000 sq ft C‑store as part of the sale.; Long lease in place with favorable terms.
