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771A-775 Famingdale Road, West Babylon, NY 11704
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$1,399,000
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Home Details for 771A-775 Famingdale Road
Price
$1,399,000
Type
Commercial/Industrial
Year Build
1971
County
Suffolk
Tax
$29,599.47
MLS®️ Listing#
905144
On exitrealty.com
155 days
Property Description
This is an excellent opportunity to own a commercial property with an approximate 5% cap rate.
The property includes 9 parking spaces and generates a monthly rental income of $6,000, with the tenant responsible for all utilities and property taxes.
• Annual property tax: $29,599.42
• Owner expenses: Approximately $5,000/year for property insurance
• Roof: Replaced about 3 years ago
• Tenant: A dry cleaning business that has operated at this location for approximately 25 years
• Lease: Long-term lease in place — 10 years with a 5-year renewal option
- Cooling Information
- None
- Heating Information
- Other
- Water Features
- Other
- Utilities
- See Remarks
- Parking
- Parking Lot
Listing Courtesy: Winzone Realty Inc - 718-899-7000. Presented by: Jing Wang
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 OneKey MLS. All Rights Reserved
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$1,399,000
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EXIT FAMILY REALTY
202 N. Wellwood Ave, Lindenhurst, NY 11757