West Babylon Warehouse For
501-511 Broadway, West Babylon, NY 11704
Two-story warehouse with high ceilings on a 28,000 sqft lot.
Type:Commercial/Industrial
Property size:
8,800 SFLot size:
0.64 AcresPrice / SF:
$244/SF- Added:
- Mar 12, 2026
- Days on Market:
- 66
- Last Refresh:
- Apr 5 at 10:03 pm
Property Features for 501-511 Broadway
General Information
- Standard status
- Active
- Size
- 8,800 SF
- Lot size
- 0.64 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1973
Listing agent Richard Matt Shane License #10301216230
Listing office All Island Estates Realty Corp (516) 783-5600
Listing date Mar 12, 2026
Source Exitrealty
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 All Island Estates Realty Corp
HighLights
- Large 8,800+ sqft warehouse on a 28k sqft lot, offering significant space and potential.
- Excellent location in the heart of West Babylon, with high visibility and 200' of frontage.
- Manufacturing & Processing (710) Zoning, suitable for a variety of business uses.
- Convenient access to major transportation routes: Sunrise Highway (Rt. 27), Route 231, Southern State Parkway, and Babylon LIRR Station.
- Features include 20' ceilings, 4 roll‑up doors, 26 parking spaces, 3‑phase power, and new LED lighting.
- Property can be delivered vacant, providing immediate occupancy or redevelopment opportunities.
Overview
This two-story warehouse, offering over 8,800 sqft of space, is available for sale. Situated on a 28,000 sqft lot, the property features 20-foot ceilings and benefits from excellent signage and exposure. It includes 26 parking spaces and 200 feet of frontage. Zoned for manufacturing and processing (710), the warehouse is equipped with 4 roll-up doors, an office area, 3-phase power, new LED lighting, side yard, and CAC. Located in the heart of West Babylon, it is 4 blocks from Sunrise Highway (Rt. 27) between exits 39 & 40, and minutes from Belmont Lake State Park, Route 231, Southern State Parkway, and Babylon LIRR Station. The property has been home to a successful coffee manufacturer for over 40 years. Neighbors include Toyota, Kia, Volkswagen, Hyundai, Subaru, Starbucks, Public Storage, P. C. Richard & Son, Stop & Shop, LA Fitness, Dunkin’s, PetSmart, AutoZone, Uncle Giuseppe’s, Walgreens, Taco Bell, McDonald’s, Wendy’s, Sonic, Aldi, and Lidl. The entire property can be delivered vacant, presenting a development opportunity or a new location for a business. The annual taxes are $32,603.48.
Financial Insights
Value Estimation Calculated for Warehouse
Conservative
$1.50M
NOI $134,855 @ 9.00% cap · cautious / downside scenario
Moderate
$1.93M
NOI $134,855 @ 7.00% cap · market / base-case scenario
Aggressive
$2.70M
NOI $134,855 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Warehouse
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $169.0k | $19.20 |
| − Vacancy | −$10.3k | −$1.17 |
| EGI | $158.7k | $18.03 |
| − OpEx | −$23.8k | −$2.70 |
| NOI | $134.9k | $15.32 |
8,800 SF · lease $19.20/SF/yr · vacancy 6.10% · expense 15.00%
Alternative Use Scenarios
Best Use
Warehouse
$1.93M
$1.69M – $2.25M
NOI $134,855 @ 7.0% cap · market cap 6.27%
Second Best
Industrial
$1.78M
$1.56M – $2.08M
NOI $124,940 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$4.67M
$4.09M – $5.45M
NOI $326,938 @ 7.0% cap · market cap 15.21%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar Places Nearby
- Public Storage — 821 Sunrise Hwy, West Babylon, NY 11704
- StorQuest Self Storage — 260 Farmingdale Rd, West Babylon, NY 11704
Location Insight
- Map
- Local Demand
- City
- West Babylon
- County
- Suffolk
- State
- New York
- Longitude
- -73.3339
- Latitude
- 40.7168
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Two-story warehouse with high ceilings on a 28,000 sqft lot.
Where is this warehouse located?
The property is located at 501-511 Broadway West Babylon, NY.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Large 8,800+ sqft warehouse on a 28k sqft lot, offering significant space and potential.; Excellent location in the heart of West Babylon, with high visibility and 200' of frontage.; Manufacturing & Processing (710) Zoning, suitable for a variety of business uses.
