Two-Story Flex
For Sale
$950,000
769 Route 109, West Babylon, NY 11704
Two separate entrances provide distinct access to this commercial building.
Property Size4,000 SF
Lot Size0.09 Acres
Price / SF$237.50
Days on Market57
Property Features for 769 Route 109
General Information
Standard status
Active
Size
4,000 SF
Lot size
0.09 Acres
Property subtype
Commercial
Zoning
E
Additional Details
Currently Operating
Yes
Property Use
Plumbing
Taxes and HOA fees
Annual Taxes
$15,524
Building Details
Building Size
4,000 SF
Buildings
1
Stories
2
Listing Agency:
Signature Premier Properties
Listed By:
Dana Durso
(516) 799-7100
Source:
Croninreale
Added: Aug 31
Changed: Oct 25
Last Checked: Oct 26 at 3:56AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story flex property occupies a 40' x 100' lot and has two separate entrances. The building is currently used by a plumbing company and is located at 769 Route 109 in West Babylon, New York. Zoning is designated E.
The property information identifies potential applications including contractor operations, professional services, and storage; any use remains subject to local zoning and municipal approval.
The property information identifies potential applications including contractor operations, professional services, and storage; any use remains subject to local zoning and municipal approval.
Key Highlights
- Two‑story commercial building on a 40' x 100' lot
- Two separate entrances
- Currently used by a plumbing company
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,720
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,154,400
$1.2M
Cap Rate 7%
$824,571
$824.6K
Cap Rate 9%
$641,333
$641.3K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$96.0K $24.00/SF
− Vacancy
−$7.2K −$1.80/SF
EGI
$88.8K $22.20/SF
− OpEx
−$31.1K −$7.77/SF
NOI
$57.7K $14.43/SF
Area
Babylon, NY
Vacancy
7.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,154,400
Cap Rate 7%
$824,571
Cap Rate 9%
$641,333
Alternative Uses
Best Use
Flex RnD
$824.6K
$721.5K – $962.0K
NOI $57,720 @ 7.0% cap · market cap 6.08%
Second Best
Industrial
$811.3K
$709.9K – $946.5K
NOI $56,791 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$2.12M
$1.86M – $2.48M
NOI $148,608 @ 7.0% cap · market cap 15.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11704, NY
40,367
Population
13,406
Households
3
Avg Household Size
42
Median Age
32%
College-Educated
89%
High-School Grad
7.9 sq mi
ZIP Area
5,110
Density / Sq Mi
$127,034
Median Household Income
$55,098
Median Earnings
$2,089
Median Rent
$485,400
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Two separate entrances provide distinct access to this commercial building.
Where is this flex space located?
The property is located at 769 Route 109 West Babylon, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two‑story commercial building on a 40' x 100' lot; Two separate entrances; Currently used by a plumbing company
