946 Little East Neck Rd West Babylon, NY 11704
This exceptional 1,218 square foot medical office building, located at 946 Little East Neck Road in West Babylon, New York, presents a compelling investment opportunity. The property, situated on a 0.16-acre lot in Suffolk County (zip code 11704), boasts a fully renovated interior dating back to 2005. Key features include a sprinkler system and a large, fenced-in parking lot, providing ample space for patients and staff. Adding to its financial appeal is a basement apartment currently generating a monthly rental income of $1,100. This income stream significantly enhances the overall return on investment. The building's design and features make it ideally suited for a variety of medical practices or service-based businesses, as well as contractors seeking a well-maintained and functional workspace. The asking price for this turnkey property is $548,100. This represents a rare chance to acquire a profitable and well-located medical office building in a thriving community. The property's convenient location and strong rental income make it an attractive option for both owner-occupants and investors seeking a stable and appreciating asset. Don't miss this opportunity to own a piece of West Babylon's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.