640 Sunrise Hwy West Babylon, NY 11704
- Showrooms
- 1,140 SF
- 0.11 lot acres
Current Use by Public Records
- Rio Spa | Massage Spa West Babylon NY-Asian Massage / Massage Spa / Massage Therapist
- Zen Spa / Massage Therapist
- DSC Construction / Construction Company
Property Details for 640 Sunrise Hwy
- Year built
- 1957
- Lot size
- 0.11 lot acres
- Property size
- 1,140 SF
- Zone code
- EB
- Property type
- Showrooms
- APN
- 0100-158.00-03.00-045.000
- APU
- 100158000300045000
Description
This exceptional commercial property, located at 640 Sunrise Highway in Babylon, NY, presents a unique investment opportunity. Situated on a 0.11-acre lot in the E Business Zone, this versatile 1140 square foot building offers high visibility from the service road of Sunrise Highway, adjacent to a residential apartment complex, ensuring a steady stream of potential customers. The interior boasts a spacious front lobby, nine individual rooms, a full bathroom, a half bathroom, and a combined kitchen and laundry area. The ample space and flexible layout make it ideal for a wide range of businesses. Potential uses include, but are not limited to, law offices, medical practices, real estate agencies, insurance offices, mortgage companies, other professional offices, spas, nail salons, skincare businesses, liquor stores, drug stores, or minimarts. The property includes a large private parking area, adding significant convenience for both employees and clients. The asking price is $549,000. Prospective buyers are advised to independently verify all information provided.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $210,000
- 6.5%
- $210,000
- 7%
- $240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $230,000
- Geo Method
- $265,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $225,000
- Retail
- $230,000
- Mixed-Use
- $210,000
- Hospitality
- $245,000
- Educational
- $190,000
- Residential Income
- $185,000
- Energy
- $255,000
- Income-Based Land
- $255,000
- Food Service
- $190,000
Location Insight
- Map
- Local Demand
- City
- West Babylon
- County
- Suffolk
- State
- New York
- Longitude
- -73.3461
- Latitude
- 40.713
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
