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    300 Babylon Tpke Roosevelt, NY 11575
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    Property profile & analytics

    300 Babylon Tpke Roosevelt, NY 11575

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    • Manufacturing properties
    • 16,230 SF
    • 0.94 lot acres
    For Sale
    $7,490,000
    View Listing →
    Spacious Industrial Property Near Highways For Sale
    $7,490,000
    16,000 SF

    Spacious Industrial Property Near Highways

    Updated industrial building with ample space and convenient highway access.

    300 Babylon Tpke, Roosevelt, NY 11575
    View Listing
    Property ID
    US63-0271772
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Eurasia Stones / Industrial Manufacturer / Production Facility
    • Stone Shop FABCENTER / Building Supply / Hardware & Home Improvement

    Property Details for 300 Babylon Tpke

    Year built
    1958
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.94 lot acres
    Property size
    16,230 SF
    Property type
    Manufacturing properties
    APN
    55-338-00-0137
    APU
    55338000137

    Description

    This exceptional 16,000-square-foot industrial property, located at 300 Babylon Turnpike in Roosevelt, New York, presents a compelling investment opportunity. Boasting ample space, this well-constructed building is ideally situated near major transportation arteries, including the Sunrise Highway and Southern State Parkway, providing convenient access to regional distribution networks. Its proximity to John F. Kennedy International Airport (within 20 minutes) further enhances its logistical advantages. The property has undergone recent updates, ensuring modern functionality and efficiency. A significant feature is the robust electrical system, equipped with 600 amps of power, catering to a wide range of industrial operations. The substantial building size, coupled with its strategic location and upgraded infrastructure, makes this property exceptionally well-suited for a variety of industrial uses. The property is offered at $7,490,000. Serious inquiries are encouraged to explore the full potential of this exceptional industrial asset. This is a rare opportunity to acquire a well-maintained, strategically located industrial building with significant power capacity and convenient access to major transportation routes and JFK Airport. Don't miss out on this chance to secure a prime industrial property in a thriving location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,870,000
      6.5%
      $3,575,000
      7%
      $3,320,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Roosevelt
    County
    Nassau
    State
    New York
    Longitude
    -73.5817
    Latitude
    40.6726
    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
    $52,269
    $6,997
    $4,287
    $11,284
    -
    $0.00
    $0.00
    $1,128,400

    Comparable in this City

    • Value Estimation by Request
      3,004 SF

      499 Nassau Rd

      MANUFACTURING (LIGHT) • 3,004 SF
      499 Nassau Rd, Roosevelt, NY 11575-1019
      View Details
    • Value Estimation
      $1,670,000
      6,000 SF

      111 Pleasant Ave

      HEAVY MANUFACTURING • 6,000 SF
      111 Pleasant Ave, Roosevelt, NY 11575
      View Details
    • Value Estimation
      $2,680,000
      8,820 SF

      145 Babylon Tpke

      MANUFACTURING (LIGHT) • 8,820 SF
      145 Babylon Tpke, Roosevelt, NY 11575-2122
      View Details
    • Value Estimation
      $625,000
      3,850 SF

      411 Babylon Tpke

      MANUFACTURING (LIGHT) • 3,850 SF
      411 Babylon Tpke, Roosevelt, NY 11575
      View Details
    • Value Estimation
      $750,000
      5,500 SF

      Babylon Tpke

      FACTORY (MANUFACTURING) • 5,500 SF
      Babylon Tpke, Roosevelt, NY 11575
      View Details
    • Value Estimation
      $4,100,000
      6,706 SF

      33-35 Deberoise Ave

      MANUFACTURING (LIGHT) • 6,706 SF
      33-35 Deberoise Ave, Roosevelt, NY 11575
      View Details

    Similar Nearby for Sale

    • $7,490,000
      0.94 Acres

      Roosevelt Industrial Property For Sale

      Industrial property with a large lot near major highways.
      300 Babylon Tpke, Roosevelt, NY 11575
      View Details
    • Contact for pricing
      13,500 SF

      Main Road Exposure Warehouse

      Warehouse with commercial tenants, main road exposure, and low taxes.
      20 W Centennial Ave, Roosevelt, NY 11575
      View Details
    • $7,490,000
      16,000 SF

      Spacious Industrial Property Near Highways

      Updated industrial building with ample space and convenient highway access.
      300 Babylon Tpke, Roosevelt, NY 11575
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr

      Spacious Roosevelt Apartment For Rent

      First-floor 3-bedroom, 1-bathroom apartment in Roosevelt, programs accepted.
      40 Harts Ave, Roosevelt, NY 11575
      View Details
    • $2,250 /Mo
      1,899 SF

      Turnkey Restaurant Space Available

      Fully equipped restaurant space for rent in Roosevelt, NY.
      319 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
    View Listing
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    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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