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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    180 Babylon Tpke Roosevelt, NY 11575

    • Distribution centers
    • 6,000 SF
    • 0.25 lot acres
    For Sale
    View listing
    $5,000,000
    Last Sale
    Feb 15, 2022
    $1,500,000
    Value Estimations
    Cap Rate Potential
    7.2%
    Distribution centers
    Location Intelligence
    Property ID
    US63-3607456
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    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 Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,455,000
      ML approach
      $1,280,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,740,000
      6.5%
      $1,605,000
      7%
      $1,490,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,718,000
      Market price range: $1.30M - $6.05M

    Get a detailed, property-specific valuation — fast and free

    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,652
    $2,215
    $1,577
    $3,792
    -
    $0.00
    $0.00
    $379,200

    Comparable in this City

    • Value Estimation by Request
      2,800 SF

      160 Babylon Tpke

      DISTRIBUTION WAREHOUSE • 2,800 SF
      160 Babylon Tpke, Roosevelt, NY 11575
      View Details
    • Value Estimation
      $1,700,000
      9,000 SF

      20 Centennial Ave

      DISTRIBUTION WAREHOUSE • 9,000 SF
      20 Centennial Ave, Roosevelt, NY 11575-2029
      View Details
    • Value Estimation by Request
      8,640 SF

      166 Babylon Tpke

      DISTRIBUTION WAREHOUSE • 8,640 SF
      166 Babylon Tpke, Roosevelt, NY 11575-2110
      View Details
    • Value Estimation by Request
      5,590 SF

      345 Babylon Tpke

      DISTRIBUTION WAREHOUSE • 5,590 SF
      345 Babylon Tpke, Roosevelt, NY 11575-2181
      View Details
    • Value Estimation by Request
      4,992 SF

      303 Babylon Tpke

      DISTRIBUTION WAREHOUSE • 4,992 SF
      303 Babylon Tpke, Roosevelt, NY 11575-2157
      View Details
    • Value Estimation by Request
      2,852 SF

      44 Centennial Ave

      DISTRIBUTION WAREHOUSE • 2,852 SF
      44 Centennial Ave, Roosevelt, NY 11575-2029
      View Details

    Similar Nearby for Sale

    • $2,450,000
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      Main Road Exposure Warehouse

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    • $7,490,000
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      Prime Roosevelt Industrial Space

      Spacious Industrial Building - Excellent Location
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    • $7,490,000
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      Roosevelt Industrial Property For Sale

      Industrial property in Roosevelt, NY, with ample space and recent updates.
      300 Babylon Tpke, Roosevelt, NY 11575
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    • $749,999

      Nassau Road Specialty Property

      Specialty property available for sale on Nassau Road.
      257-259 Nassau Rd, Roosevelt, NY 11575
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    • $5,000,000
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      Prime Roosevelt Commercial Space

      6,000 SF Commercial Building - $5M
      180 Babylon Tpke, Roosevelt, NY 11575
      View Details
    • $699,999

      Well-Maintained Two-Family Home

      Two-family home in Roosevelt with finished basement and hardwood floors.
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    Similar Nearby for Lease

    • $10,000 /Mo

      Industrial Warehouse with Crane

      Freestanding industrial warehouse featuring a crane and mezzanine office.
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    • $3,600 /Mo

      Versatile Retail Space on Nassau

      1000 sq ft retail space in high-traffic Roosevelt location.
      350D Nassau Rd, Roosevelt, NY 11575
      View Details
    • Contact for pricing

      Commercial Land in Nassau County

      Neighborhood commercial land with high visibility and drive-thru option.
      27A Washington Pl, Roosevelt, NY 11575
      View Details
    • $3,600 /Mo
      1,000 SF

      Roosevelt Retail Space For Rent

      1000 sq ft retail space on busy Nassau Road.
      350d Nassau Rd, Roosevelt, NY 11575
      View Details
    • $1,900 /Mo

      Updated Studio Apartment in Roosevelt

      Updated studio apartment near shops, food, and parkways.
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    180 Babylon Tpke
    Roosevelt, NY 11575
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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