Sold: Dec 19, 2025
Address
240 Deer Park Avenue, Babylon, NY
Price
$ 4,625,000
Property Attributes
- MLS#890433
- TypeCommercial
- Listing Status Sold
- CountySUFFOLK
- CityBabylon
- Zip11702
- StyleMulti Family
- Year Built1905
- Taxes$ 75654
- Price$ 4,625,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage13500
Data Source:
Listings courtesy of OneKey® MLS as distributed by MLS GRID
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.
| Price History |
|---|
General Features
| Zoning | C |
|---|---|
| Cooling | Ductless,Wall/Window Unit(s) |
| Building Area Units | Square Feet |
| Year Built | 1905 |
| Appliances | Gas Range,Refrigerator |
| Heating | Baseboard,Natural Gas |
| Property Attached Y/N | Yes |
| Elementary School District | Babylon |
| County | Suffolk County |
| Close Price | 4625000 |
| Tax Year | 2025 |
| Showing Instructions | Proof of Funds required for any showing requests |
| Property Type | Commercial Sale |
| Middle/Junior School District | Babylon |
| Property Subtype | Multi Family |
| Utilities | Sewer Connected,Water Connected |
| Property Condition | Updated/Remodeled |
| Sewer | Public Sewer |
| Building Features | Lobby |
| High School District | Babylon |
| Standard Status | Closed |
| City | Babylon |
| AttributionContact | 631-422-3100 |
| Security Features | Security System,Smoke Detector(s),Video Cameras |
| Tax Annual Amount | 75654 |
| PostalCity | Babylon |
| Construction Materials | Brick |
| Number Of Units Total | 14 |
| Listing Appliances | Gas Range, Refrigerator |
Interior Features
| Basement (Y/N) | Yes |
|---|---|
| Basement | Unfinished |
| Flooring | Vinyl |
| Total Stories | 3 |
| Basement Features | Unfinished |
Exterior Features
| Parking Features | Parking Lot |
|---|---|
| Building Area Total | 13500 |
| Water Source | Public |
| Total Parking | 14 |
| Waterfront Y/N | No |
| Parking Features | Parking Lot |
| Parking Spaces | 14 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 11702
Price
Taxes
Year Built
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