18 Locust Ave
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18 Locust Ave
0.23 Acres of Commercial Land Offered at $1,199,000 in Babylon, NY 11702
Investment Highlights
- Easy Access to Public Transportation
Executive Summary
Business/Prime Real Estate Opportunity to build apartments or stores. A rare find in the heart of Babylon village. Commuter parking lot business, established over 30 years. Paved lot with 30 spaces, located next to Babylon train station. $3,000 a month currently in revenue, potential to $5,000. Monthly parking fee has not been raised in decades. In addition to the business, the land can be use to build apartments and stores.
Taxes are $1,604.
Recently appraised at $1,045,000
Taxes are $1,604.
Recently appraised at $1,045,000
Property Facts
| Price | $1,199,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.23 AC |
| Price | $1,199,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.23 AC |
1 Lot Available
Lot
| Price | $1,199,000 | Lot Size | 0.23 AC |
| Price Per AC | $5,224,947 |
| Price | $1,199,000 |
| Price Per AC | $5,224,947 |
| Lot Size | 0.23 AC |
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Walk Score ®
Walker's Paradise (90)
-
Darren Sebor -
Howard Hanna Coach Realtors
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18 Locust Ave
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