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    930 Sunrise Highway North Babylon, NY 11704

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    Claim this Listing
    For Sale
    $1,100,000

    COMMERCIAL - North Babylon, NY

    Property size:
    2,000 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $550/SF
    Added:
    Mar 10, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 30 at 11:06 pm

    Property Features for 930 Sunrise Highway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    E
    Rooms
    Basement
    Parking features
    Parking Lot
    Security features
    Security System
    Basement
    Finished, Walk-Out Access
    Appliances
    Refrigerator
    Standard status
    Active
    APN
    0100-161-00-01-00-009-000
    Size
    2,000 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    15760

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Baseboard, Oil
    Cooling system
    Window Unit(s), Wall/Window Unit(s)
    Water source
    Public

    Building Details

    Floors in Building
    2
    Number of units
    1
    Flooring type
    Laminate, Carpet, Tile - Ceramic, Tile
    Building materials
    Vinyl Siding

    We can help!

    Listing Contact
    Leslie Castellano

    Listing agent Leslie Castellano

    Listing office Netter Real Estate Inc 404 Montauk Hwy, West Islip, NY

    Listing date Mar 10, 2026

    MLS# 969652

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building on Sunrise Highway

    This free-standing commercial building is situated on a 7,030 sq ft lot with 95 feet of frontage along Sunrise Highway. The property features 2,000 sq ft of interior space, encompassing two stories of professional offices. Additionally, there is a 750 sq ft full finished basement with an outside entrance. Sixteen private parking spaces are available. The property is zoned E and is ideally suited for professional offices, medical offices, personal service businesses, real estate, retail, insurance, and financial businesses. The property may be suitable for a mother/daughter setup with proper permits. The property offers possibilities for various business ventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ics Claims Inc Insurance Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Babylon
    County
    Suffolk
    State
    New York
    Longitude
    -73.324335
    Latitude
    40.715454

    Nearby Similar for Sale

    • $825,000

      Transformed Residence with Investment Potential

      Modern, spacious home in North Babylon with investment potential.
      207 August Road, North Babylon, NY 11703
      View Details
    • $1,100,000
      2,000 SF

      Sunrise Highway Commercial Building

      Mixed-use property with frontage, parking, and professional office space.
      930 Sunrise Hwy, North Babylon, NY 11704
      View Details

    FAQs

    What type of property is this?
    Office building - Two-story commercial building with finished basement and parking.
    Where is this office building located?
    The property is located at 930 Sunrise Highway North Babylon, NY.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Prime location with **95 feet of frontage on Sunrise Highway**, offering exceptional exposure and signage opportunities.; Dedicated parking with **16 private parking spaces**.; Versatile 2,000 Sq. Ft. interior space suitable for various professional or retail businesses.
    (631) 661-5100
    We can help!
    Listing Contact
    Leslie Castellano
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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