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$ 6,500,000
Est. payment /mo
Pending
113, 117, 121, 123, 125, 15, 17 Fire Island Ave/ Hewlett Ct Babylon, NY 11706
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 1031244
Rental Info No
Year Built 1966
Annual Tax Amount $78,168
Property Sub-Type Multi Family
Source onekey2
Property Description
Wonderful opportunity to invest in a charming, well maintained and fully occupied rental property located in the heart of beautiful and popular Babylon Village. The property is situated on a parcel within the second block south of Main Street, convenient to all that Babylon Village offers including stores and restaurants, parks and public transportation as well as the LIRR with express train service to Manhattan yet also accessible to nearby Ocean and Bay Beaches. A lifestyle hard to replicate available to all tenants of Galway Commons. The property is also located with close proximity to the Babylon Library and downtown Argyle Theater. The facilities include a 1900's 5 unit Victorian as well as a rear 2 unit Carriage House and 5 two story garden apartment structures built in the 1960's containing one and two bedroom spacious, modern and well appointed apartments for a total of 17 rental units with onsite dedicated parking, basement storage bins allocated to each apartment as well as individual gas fired heating units. This property contains an on site laundry room for tenants use only and a maintenance shop with 1/2 bath. Historically, the complex has enjoyed a healthy and stable association within the community with some tenants of over 25 years in residence. Babylon Village has maintained a popular and welcoming reputation for homeowners and tenants alike seeking a lifestyle of quality and convenience in beautiful residential neighborhoods while enjoying surrounding and nearby waterfront beaches. This is an opportunity to invest in a large residential income property that has been successfully maintained and managed over the course of many years located in a community that offers all the amenities and services that support the most desired lifestyles sought by homeowners and tenants in Western Suffolk county throughout the years.
Location
State NY
County Suffolk County
Rooms
Basement Storage Space
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Assigned, Private
Utilities Available Cable Available, Electricity Connected, Trash Collection Public, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Babylon Elementary School
Middle Schools Babylon Junior-Senior High School
High Schools Babylon
School District Babylon
Others
Special Listing Condition None
Listed by Daniel Gale Sothebys Intl Rlty • Patricia D. Snover