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Property profile & analytics
OFF-MARKET
Banks

164 Main St Babylon, NY 11702-3411

3,265 SF 0.39 ac lot
Individually Owned 2-yr Hold Free & Clear
Property ID
US63-0999143
Property summary
AI-generated overview

This exceptional mixed-use property, located at 164 W Main St in the vibrant Village of Babylon, NY, presents a unique investment opportunity. The building, totaling 3,265 square feet, is ideally suited for medical professionals seeking a prominent location with excellent visibility. Its prime position within the village ensures high foot traffic and easy accessibility for patients. The property boasts a substantial parking lot, a significant advantage in a busy commercial area, ensuring ample space for patients and staff. The generous lot size, measuring 75 feet by 229 feet, offers potential for future expansion or development, subject to local zoning regulations. The building's current configuration is well-suited for a variety of medical practices, offering a flexible layout adaptable to diverse needs. The annual property taxes are $21,897.89. This turnkey medical building represents a rare opportunity to acquire a well-established and highly visible property in a thriving Long Island community. The combination of location, size, and parking makes this an exceptional investment for discerning buyers seeking a strong return on investment in a desirable market. Serious inquiries are encouraged to explore this promising opportunity further. The property is offered at $2,100,000.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Total area 3,265 SF
Lot 0.39 ac (17,175 SF)
APN 0102-013.00-02.00-025.000
UPID US63-0999143
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
  • Beck Valerie G Employment Agency
  • Claudia S. Cockerill, PHD Physician Medical Clinic
  • Richard J Valinotti Md Pc Physician
  • Leddy Vincent MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cecilia Leddy Medical Ltd · 2 yrs held
Cecilia Leddy Medical Ltd
since 2023
2 recorded transactions
2023
Price N/A
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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