38 Park Ave, Babylon, NY 11702

Listing Agency: Blue Island Homes NY LLC m***@blueislandhomesny.com Show Phone

Listed By: Jonathan Schuman Show Phone

Source: Exprealty

Added: May 19 Changed: Nov 9 Last Checked: Nov 8 at 11:04AM

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Investment Insights

Based on property information with market context.

This Victorian-style home is currently configured as a two-family residence, featuring a total of 6 bedrooms and 2 bathrooms. Each level contains 3 bedrooms and 1 bathroom. The property is situated on a 0.42-acre lot, which is equivalent to 18,711 square feet. The location offers convenient access to nearby restaurants, shops, and dining establishments. The property has the potential for constructing additional rental units, although prospective purchasers are responsible for independently verifying all information regarding the property and its potential.

Key Highlights

• Large 0.42 Acre Lot (18,711 Sq Ft)
• Potential for Building Additional Rental Units (Purchaser To Verify)
• Currently configured as a 6 Bedroom/2 Bathroom Two‑Family Home

Property Analytics

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

Open Analytics

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Travel Agency Veterinary Clinic Parking Lot & Garage Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,416

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Two-family home with potential for additional rental units.

Where is this residential land & home lot located?

The property is located at 38 Park Ave Babylon, NY.

What is the asking price?

The asking price for this property is $1,635,000.

What are key features of this property?

This property features: Large 0.42 Acre Lot (18,711 Sq Ft); Potential for Building Additional Rental Units (Purchaser To Verify); Currently configured as a 6 Bedroom/2 Bathroom Two‑Family Home