NY > Babylon
Babylon, NY 11702,240 Deer Park AVE
Babylon, NY 11702,240 Deer Park AVE
Babylon, NY 11702,240 Deer Park AVE
Babylon, NY 11702,240 Deer Park AVE
Babylon, NY 11702,240 Deer Park AVE
Babylon, NY 11702,240 Deer Park AVE
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Diana H. Murphy

Diana H. Murphy

+1(914) 760-5533
$ 4,877,000
Est. payment | /mo
Save
$ 4,877,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 890433

Rental Info No

Year Built 1905

Annual Tax Amount $75,654

Property Sub-Type Multi Family

Source onekey2

Property Description

This prime mixed-use investment property is strategically located at the high-traffic intersection of Deer Park Avenue & Railroad Avenue in the heart of Babylon Village, directly across from the train station with express service to Manhattan. The offering consists of two attached buildings on a single deeded lot, featuring a diverse mix of residential and retail tenants, along with a separately deeded private parking lot with 14 dedicated spaces, a rare and highly sought after amenity in this bustling downtown location. Building 1: A three story structure with eight residential apartments (4 two-bedroom & 4 One-bedroom) and two ground floor retail spaces. Building 2: A one-story structure with four retail spaces, maximizing street-level visibility and foot traffic. Each unit is separately metered for electric & gas, ensuring ease of management & tenant responsibility for utilities. Six of the eight apartments have been fully renovated, while Apartment #1 and Apartment #7 remain in original condition with under market rents, they offer additional value-add potential. The property is sewer connected and gas serviced, with three grease traps in place to accommodate restaurant or food service tenants.

Location

State NY

County Suffolk County

Rooms

Basement Unfinished

Interior

Heating Baseboard, Natural Gas

Cooling Ductless, Wall/Window Unit(s)

Flooring Vinyl

Fireplace No

Appliance Gas Range, Refrigerator

Exterior

Parking Features Parking Lot

Utilities Available Sewer Connected, Water Connected

Total Parking Spaces 14

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

High Schools Babylon

School District Babylon

Others

Special Listing Condition None

Listed by Signature Premier Properties
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(914) 760-5533

diana@thenyrealtor.com

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240 Deer Park AVE