North Babylon, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in North Babylon, New York Market population: 17K. Compare commercial properties across all major asset...

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📊 Average Cap Rate For North Babylon NY Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000

Buffalo Multifamily

Discover a compelling investment in Buffaloâ€™s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%

NOI $491,400

Size 65,000 SF

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📊 Avg Property Tax Rate For North Babylon NY Properties: 2.5000%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000

Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%

NOI $107,842

Size 8,640 SF

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Investor Questions For North Babylon NY

Common questions from investors exploring commercial real estate in North Babylon NY.

What's the overall investment potential of North Babylon, NY? +

With a median household income of $88,801 and a relatively low poverty rate of 4.8%, North Babylon presents a stable investment market, further supported by its high health insurance coverage of 94.2% and diverse economy led by industries like Information and Public Administration.

How does the local economy impact rental demand? +

The top industries in North Babylon, including Information and Manufacturing, contribute to a strong employment market, with 8,744 employed individuals, which when combined with the area's ethnic diversity - featuring White, White Non-Hispanic, and Hispanic populations - suggests a robust demand for rentals from a diverse tenant base.

What are the key factors influencing property values in North Babylon? +

The median property value of $345,400 is influenced by factors such as the high homeownership rate of 83.5%, indicating a stable community, and the average commute time of 31.8 minutes, which suggests good infrastructure and accessibility, making properties more valuable.

How does the commute and transportation infrastructure affect the quality of life for residents? +

The average commute time of 31.8 minutes and the top commute methods being driving alone, working from home, and carpooling, indicate a manageable and flexible commute, contributing to a good quality of life, especially when considered alongside the high health insurance rate of 94.2%, which points to a generally healthy and stable population.

What insights can be gleaned from the demographic and economic data for real estate investment strategies? +

The foreign-born rate of 14.1% and the GINI coefficient of 0.333 suggest a community with some level of diversity and income inequality, but the overall low poverty rate of 4.8% and high median household income of $88,801 provide a positive outlook for investments, as they indicate a stable and potentially growing market with demand for various types of housing.

North Babylon NY Real Estate & City Facts

Key facts and real estate information about North Babylon NY.

What are some of the best neighborhoods to live in North Babylon? +

Some of the best neighborhoods to live in North Babylon include Belmont Lake Estates, which is known for being a friendly and suburban neighborhood with a peaceful environment and well-maintained parks. Other desired areas tend to be in the central parts of the city, while more affordable homes are in the southeast regions.

What are some fun things to do in North Babylon? +

There are plenty of fun things to do in North Babylon, such as visiting Belmont Lake State Park, going to the North Babylon Public Library, or taking a tour with Flying Helicopters Made Easy. You can also rent a bike and pedal around, or attend events and festivals in the area, like the ones listed on Eventbrite.

What is the food scene like in North Babylon? +

The food scene in North Babylon is diverse and exciting, with plenty of great restaurants to choose from, such as Talina, Courtside, The Brixton, and Pizzaiola North Babylon. You can also order food delivery and takeout from places like Uber Eats, or visit one of the many other restaurants in the area, like Besito Mexican Restaurant or The Villager.

What are the pros and cons of living in North Babylon? +

The pros of living in North Babylon include its peaceful environment, well-maintained parks, and friendly community. However, some cons include the potential for traffic and crowds, especially during peak season. Additionally, the area may not have as many job opportunities as larger cities, but it is still a great place to live for those who want a suburban lifestyle.

Is North Babylon a good place to live? +

Overall, North Babylon is a great place to live, with its friendly community, peaceful environment, and plenty of things to do. While it may have some drawbacks, such as traffic and limited job opportunities, the pros outweigh the cons, making it a wonderful place to call home.

North Babylon, NY Commercial Investment Properties for Sale

Don’t just search properties. See why investors choose REI Capital.

📊 Average Cap Rate For North Babylon NY Properties: 6.86%

190 Manhattan Ave, Buffalo, NY â€“ Prime Multifamily Investment with 7.56% Cap Rate

📊 Avg Property Tax Rate For North Babylon NY Properties: 2.5000%

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

Investor Questions For North Babylon NY

North Babylon NY Real Estate & City Facts

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