Quarter-Share Office
454 Deer Park Avenue Babylon, NY 11702
For Sale
Contact for pricing
Pending
Own a 25% quarter-share interest in an office building unit totaling 627 sq ft, with on-site parking.
Property Size627 SF
Days on Market299
Property Features for 454 Deer Park Avenue
General Information
Standard status
Pending
Size
627 SF
Property subtype
Office
Listing Agency:
Signature Premier Properties
(917) 613-9604
Listed By:
Stacy McFadden · License #10301206471
Source:
Crexi
Added: Oct 3, 2025
Changed: Jul 23
Last Checked: Jul 24 at 5:40PM
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 Signature Premier Properties
Investment Insights
Based on property information with market context.
This offering provides an ownership interest in an office building through a 25% quarter-share. The office space associated with the interest is listed at 627 sq ft. The interior is described as ready for a buyer’s customization and configuration to fit business needs.
The property is located at 454 Deer Park Avenue in Babylon, with the building positioned in Babylon Village as described in the remarks. Ample parking is noted for client and staff access.
The seller is considering offers, and any buyer would be purchasing a quarter-share interest rather than sole ownership of the building.
The property is located at 454 Deer Park Avenue in Babylon, with the building positioned in Babylon Village as described in the remarks. Ample parking is noted for client and staff access.
The seller is considering offers, and any buyer would be purchasing a quarter-share interest rather than sole ownership of the building.
Key Highlights
- Own a 25% quarter‑share interest in an office building unit totaling 627 sq ft
- Office interior is ready for a new configuration to suit your business needs
- Ample on‑site parking for clients and staff
Financial Insights For Office B
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 | $24.1k | $38.40 |
| − Vacancy | −$3.9k | −$6.14 |
| EGI | $20.2k | $32.26 |
| − OpEx | −$5.1k | −$8.06 |
| NOI | $15.2k | $24.19 |
627 SF · lease $38.40/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$216.7K
$189.6K – $252.8K
NOI $15,168 @ 7.0% cap · market cap 6.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$332.8K
$291.2K – $388.2K
NOI $23,294 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Own a 25% quarter-share interest in an office building unit totaling 627 sq ft, with on-site parking.
Where is this office units located?
The property is located at 454 Deer Park Avenue Babylon, NY.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Own a 25% quarter‑share interest in an office building unit totaling 627 sq ft; Office interior is ready for a new configuration to suit your business needs; Ample on‑site parking for clients and staff
