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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.
DAYS ON MARKET | 2 | LAST UPDATED | 7/17/2025 |
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YEAR BUILT | 1905 | COUNTY | Suffolk |
STATUS | Active | PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AIR | Ductless, Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Gas Range, Refrigerator |
BASEMENT | Unfinished |
CONSTRUCTION | Brick |
HEAT | Baseboard, Natural Gas |
LOT | 0 |
PARKING | Parking Lot |
SEWER | Public Sewer |
STORIES | 3 |
TAXES | 75654 |
UTILITIES | Sewer Connected, Water Connected |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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