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Two-Unit Duplex with Separate Utilities
For Sale
$739,000

7 Park Ave, Babylon, NY 11702

The two apartments include living areas, kitchens, individual laundry, and basement storage.

Property SizeContact for details
Days on Market95

Property Features for 7 Park Ave

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $12,491
Listing Agency: Signature Premier Properties
Listed By: Lisa Leggio
Source: Exprealty
Added: May 28 Changed: Aug 29 Last Checked: Aug 29 at 8:00PM

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 duplex at 7 Park Ave includes two separately configured apartments. The first-floor residence has a private entrance, living room, kitchen, two bedrooms, and a full bathroom, with basement access to a washer/dryer and storage area. Upstairs, the second apartment offers a living room, kitchen, one bedroom, full bathroom, and loft space suitable for office or guest use, along with its own laundry and basement storage.

The property is equipped with separate utilities, including two electric meters, two gas meters, and two heating systems. Parking is divided between two private driveways: one accommodates up to three vehicles and includes a detached garage, while the other provides space for three vehicles and has a storage shed. The property is in Babylon Village near the LIRR, shopping, restaurants, and major highways.

Key Highlights

  • Two apartments with 2‑bedroom and 1‑bedroom layouts
  • Separate utilities with 2 electric meters, 2 gas meters, and 2 heating systems
  • First‑floor apartment includes private entrance and basement access

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Garden Center Auto Parts Store Carpet & Flooring Store Parking Lot & Garage

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

1,463
Businesses Nearby

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?
Duplex - The two apartments include living areas, kitchens, individual laundry, and basement storage.
Where is this duplex located?
The property is located at 7 Park Ave Babylon, NY.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Two apartments with 2‑bedroom and 1‑bedroom layouts; Separate utilities with 2 electric meters, 2 gas meters, and 2 heating systems; First‑floor apartment includes private entrance and basement access
More about this property
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