Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • High Foot and Vehicular Traffic. Village Location, Close to All Highways, Parkways, Stores, Restaurants.
  • 7 Separate Units
  • Lots of Natural Light. Storefront (2)

Executive Summary

Excellent investment opportunity in the heart of Babylon. This approximately 5,025 square-foot commercial building is fully income-producing property featuring (7) retail tenants and 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. Full basement. 6 Parking spaces, storage, 6 meters, 2 hot water tanks. Please do not disturb tenants. All appointments through listing Broker.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $175,162 $34.86
Other Income - -
Vacancy Loss - -
Effective Gross Income $175,162 $34.86
Taxes $40,109 $7.98
Operating Expenses $13,712 $2.73
Total Expenses $53,821 $10.71
Net Operating Income $121,341 $24.15

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $175,162
Annual Per SF $34.86
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $175,162
Annual Per SF $34.86
Taxes (CAD)
Annual $40,109
Annual Per SF $7.98
Operating Expenses (CAD)
Annual $13,712
Annual Per SF $2.73
Total Expenses (CAD)
Annual $53,821
Annual Per SF $10.71
Net Operating Income (CAD)
Annual $121,341
Annual Per SF $24.15

Property Facts

Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,025 SF
Building Class
C
Year Built
1925
Price
$1,841,424 CAD
Price Per SF
$366.45 CAD
Cap Rate
6.46%
NOI
$118,956 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.82
Lot Size
0.14 AC
Zoning
Commercial/Retail/Office - Can be used for Retail/Office. Check local zoning for the possibility of potential apartments.
Frontage
49’ on Deer Park Avenue

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Kathleen's Hair Boutique
  • Services
  • -
  • -
  • -
  • -
  • Pilates Social Club
  • Arts, Entertainment, and Recreation
  • -
  • -
  • Single Net
  • May 2027
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Kathleen's Hair Boutique Services - - - -
Pilates Social Club Arts, Entertainment, and Recreation - - Single Net May 2027
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100

Nearby Major Retailers

CrossFit
Jpmorgan Chase & And Co
Stretch Zone
Bank of America
Apple Bank
Starbucks
Lidl

Property Taxes

Property Taxes

Parcel Number
0102-010-00-04-00-013-000
Land Assessment
$7,352 CAD
Improvements Assessment
$4,504 CAD
Total Assessment
$11,856 CAD
Annual Taxes
$40,109 CAD ($7.98 CAD/SF)
Tax Year
2025
  • Listing ID: 41243752

  • Date on Market: 2026-07-10

  • Last Updated:

  • Address: 65 Deer Park Ave, Babylon, NY 11702

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}