Office Unit with
For Sale
Contact for pricing
964 Sunrise Highway, West Babylon, NY 11704
Professional office or showroom configuration with dedicated garage space and a separately accessed basement area.
Property Size1,681 SF
Price / SF$469.36
Days on Market161
Property Features for 964 Sunrise Highway
General Information
Standard status
Active
Size
1,681 SF
Total Parking Spaces
7
Property subtype
Office
Zoning
E
Building Details
Year Built
1969
Listing Agency:
Schacker Realty
Listed By:
Joseph Nesto · License #NY 109904636
(516) 503-5241
Source:
Crexi
Added: May 8
Changed: Oct 7
Last Checked: Oct 14 at 10:08PM
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 Schacker Realty
Investment Insights
Based on property information with market context.
This office unit includes 1,288 square feet of primary office space, a 393-square-foot garage, and a layout organized around four offices, a bullpen area, and a kitchenette. The configuration supports professional office operations and showroom use. Additional basement space measures 756 square feet and has its own entrance and egress.
The property fronts Sunrise Highway, which carries a reported 87,000 vehicles per day, with access to and from Deer Park Avenue. Built in 1969, the property is zoned E and combines office, garage, and auxiliary basement areas within one commercial building.
The property fronts Sunrise Highway, which carries a reported 87,000 vehicles per day, with access to and from Deer Park Avenue. Built in 1969, the property is zoned E and combines office, garage, and auxiliary basement areas within one commercial building.
Key Highlights
- 1,288 SF office area with four offices, bullpen space, and kitchenette
- 393 SF garage included with the office unit
- 756 SF basement with separate entrance and egress
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,667
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,340
$813.3K
Cap Rate 7%
$580,957
$581.0K
Cap Rate 9%
$451,856
$451.9K
Market Conditions
NOI Build-Up for 1,681 SF
Gross rent
$64.6K $38.40/SF
− Vacancy
−$10.3K −$6.14/SF
EGI
$54.2K $32.26/SF
− OpEx
−$13.6K −$8.06/SF
NOI
$40.7K $24.19/SF
Area
Babylon, NY
Vacancy
16.00%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,340
Cap Rate 7%
$580,957
Cap Rate 9%
$451,856
Alternative Uses
Best Use
Office B
$581.0K
$508.3K – $677.8K
NOI $40,667 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$892.2K
$780.7K – $1.04M
NOI $62,453 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Professional office or showroom configuration with dedicated garage space and a separately accessed basement area.
Where is this office units located?
The property is located at 964 Sunrise Highway West Babylon, NY.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: 1,288 SF office area with four offices, bullpen space, and kitchenette; 393 SF garage included with the office unit; 756 SF basement with separate entrance and egress
