180 Babylon Tpke Roosevelt, NY 11575
- Distribution centers
- 6,000 SF
- 0.25 lot acres
Current Use by Public Records
- Distribution centers
Property Details for 180 Babylon Tpke
- Year built
- 1959
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.25 lot acres
- Property size
- 6,000 SF
- Property type
- Distribution centers
- APN
- 55-334-00-0599
- APU
- 55334000599
Description
This exceptional 6,000 square foot commercial property, located at 180 Babylon Turnpike in Roosevelt, New York, presents a significant investment opportunity. Situated on a lot with no acreage specified, the building offers ample space for a variety of commercial uses. The asking price is $5,000,000. The property's versatile layout and prominent location make it ideal for businesses seeking a substantial presence in a thriving area. The building's size and design provide flexibility for customization to suit specific business needs. Potential buyers are encouraged to conduct their own due diligence to assess the suitability of the property for their intended use. This is a rare opportunity to acquire a substantial commercial property in a desirable location. The property's strategic positioning offers excellent visibility and accessibility, making it an attractive option for businesses seeking high foot traffic or convenient access for customers and employees. Further details regarding the property's internal layout, zoning regulations, and potential for expansion are available upon request. Serious inquiries only. The property is offered as-is. Prospective buyers are responsible for verifying all information and conducting their own independent inspections.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,455,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,595,000
- 6.5%
- $1,530,000
- 7%
- $1,480,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,700,000
- Geo Method
- $1,460,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,460,000
- Retail
- $1,625,000
- Mixed-Use
- $1,725,000
- Hospitality
- $1,405,000
- Educational
- $1,420,000
- Residential Income
- $1,400,000
- Energy
- $1,815,000
- Income-Based Land
- $1,520,000
- Food Service
- $1,470,000
Location Insight
- Map
- Local Demand
- City
- Roosevelt
- County
- Nassau
- State
- New York
- Longitude
- -73.584
- Latitude
- 40.6753
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
