Sunrise Highway Commercial
930 Sunrise Hwy North Babylon, NY 11704
For Sale
$899,000
Mixed-use property with frontage, parking, and professional office space.
Property Size2,000 SF
Lot Size0.16 Acres
Price / SF$449.50
Days on Market96
Property Features for 930 Sunrise Hwy
General Information
Standard status
Active
Size
2,000 SF
Lot size
0.16 Acres
Property subtype
Commercial
Listing Agency:
Netter Real Estate
(631) 661-5100
Listed By:
Leslie Castellano
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 3:32AM
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 Netter Real Estate
Investment Insights
Based on property information with market context.
This is a freestanding commercial building situated on a 7,030 square foot lot, featuring 95 feet of frontage along Sunrise Highway. The property includes 16 private parking spaces and offers 2,000 square feet of interior space, encompassing two stories of professional offices. Additionally, there is a 750 square foot full finished basement with an outside entrance. The property is suited for professional offices, medical offices, personal service businesses, real estate, retail, insurance, and financial businesses. The location has a walk score of 69, indicating it is somewhat walkable, and a bike score of 51, making it bikeable.
Key Highlights
- Prime location with excellent Sunrise Highway exposure and signage.
- 16 private parking spaces.
- 2,000 Sq. Ft. of interior office space over 2 stories.
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 | $76.8k | $38.40 |
| − Vacancy | −$12.3k | −$6.14 |
| EGI | $64.5k | $32.26 |
| − OpEx | −$16.1k | −$8.06 |
| NOI | $48.4k | $24.19 |
2,000 SF · lease $38.40/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$691.2K
$604.8K – $806.4K
NOI $48,384 @ 7.0% cap · market cap 5.38%
Second Best
Mixed Use
$512.6K
$448.5K – $598.0K
NOI $35,880 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$1.06M
$928.8K – $1.24M
NOI $74,304 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with frontage, parking, and professional office space.
Where is this mixed-use property located?
The property is located at 930 Sunrise Hwy North Babylon, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Prime location with excellent Sunrise Highway exposure and signage.; 16 private parking spaces.; 2,000 Sq. Ft. of interior office space over 2 stories.
