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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1026 Little East Neck Rd Babylon, NY 11704

3,100 SF Built 1951
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1951
Total area 3,100 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • fusion chiropractic care Alternative Medicine Practice
  • Lastorino Family Chiropractic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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