1026 Little East Neck Rd Babylon, NY 11704
This exceptional Babylon, NY retail property boasts 3,100 square feet of rentable space, currently generating a substantial annual income of $76,800. The property's strong financial performance is underscored by a Net Operating Income (NOI) of $52,100, demonstrating a solid return on investment. Annual property taxes are $19,000, contributing to a compelling 6.5% capitalization rate. Located at 1026 Little East Neck Rd, this well-maintained building presents a rare opportunity for investors seeking a consistent income stream with significant potential for growth. The property's prime location in Babylon, NY, ensures high visibility and accessibility, making it an attractive proposition for a variety of retail businesses. This turnkey investment offers a blend of established income and future upside, making it an ideal addition to any diversified portfolio. The property sits on a 0-acre lot and is ready for immediate ownership. Its current rental income stream provides immediate cash flow, minimizing vacancy risk and maximizing return. This is a truly exceptional opportunity to acquire a high-performing commercial property in a desirable location.
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Lastorino Family Chiropractic Alternative Medicine Practice
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
Similar Nearby for Sale
Similar Nearby for Lease
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.