65 Deer Park Avenue, Babylon, NY, 11702
$1,300,000
activeLot Size
7,280 sqft
Year Built
1925
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Excellent investment opportunity in the heart of Babylon. This approximately 5,025-square-foot commercial building is a fully income-producing property featuring (7) retail tenants and a strong annual rental income. Ideally located on Deer Park Avenue with high visibility, foot traffic, vehicular traffic and accessibility, this property offers investors an established income stream with multiple tenancies. Annual expenses include taxes, insurance electric/heat and water resulting in an attractive net operating income and investment potential. This is a great opportunity to add a well positioned commercial asset in a highly desirable Babylon location to your portfolio. Income and expense information available upon request. Please do not disturb the tenants. Additional Village Taxes are $2,797.44. 6 Parking Spots, 8 bathrooms. #67 Deer Park Avenue part of the building. Features 6 meters, 2 hot water tanks. Full Basement. Lots of Storage!
Listed by Cheryl A. Messina, Signature Premier Properties
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