1026 Little East Neck RdBabylon, NY 11704

Property Details for 1026 Little East Neck Rd

Year built

1951

Property size (Sq ft)

3,100 SF

Property type

Retail properties

Description

This exceptional Babylon, NY retail property boasts 3,100 square feet of rentable space, currently generating a substantial annual income of $76,800. The property's strong financial performance is underscored by a Net Operating Income (NOI) of $52,100, demonstrating a solid return on investment. Annual property taxes are $19,000, contributing to a compelling 6.5% capitalization rate. Located at 1026 Little East Neck Rd, this well-maintained building presents a rare opportunity for investors seeking a consistent income stream with significant potential for growth. The property's prime location in Babylon, NY, ensures high visibility and accessibility, making it an attractive proposition for a variety of retail businesses. This turnkey investment offers a blend of established income and future upside, making it an ideal addition to any diversified portfolio. The property sits on a 0-acre lot and is ready for immediate ownership. Its current rental income stream provides immediate cash flow, minimizing vacancy risk and maximizing return. This is a truly exceptional opportunity to acquire a high-performing commercial property in a desirable location.

Location Insight

City

Babylon

County

Suffolk County

State

New York

Latitude

40.7242

Longitude

-73.3594

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].