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Single-Tenant Office

986-990 Sunrise Hwy

986 Sunrise Hwy South Service Rd, Babylon, NY 11702

Listing Price: $1,300,000

Cap Rate
6.15%
Gross SF
2,711
Rentable SF
2,711
Price/Gross SF
$479.53
Lot Size
0.85 acres
Year Built
1987

Investment Overview

The well-located subject property rests on a combined 0.85-acre parcel with +/- 2,711 square feet of leasable area. NYU Langone has approximately one year remaining on its original ten (10) year double net (NN) lease. The vacant undeveloped lot at 990 Sunrise Highway, is zoned E-Business, and allows for various office and retail uses. This vibrant portion of Sunrise Highway is traveled by over 87,000 vehicles daily, with myriad nearby demand drivers and synergistic national retailers including Target, Old Navy, HomeGoods, King Kullen, Michael’s, Rite Aid and much more. Access via the Southern Parkway and Robert Moses Parkway, further augmenting long term property value.

Investment Highlights

  • The well-located subject property rests on a combined 0.85-acre parcel with +/- 2,711 square feet of leasable area
  • NYU Langone has approximately one year remaining on its original ten (10) year double net (NN) lease. LXD 3/31/2026
  • The vacant undeveloped lot at 990 Sunrise Highway, is also zoned E-Business, and allows for various office and retail uses.
  • This vibrant portion of Sunrise Highway is traveled by over 87,000 vehicles daily.

Exclusively Listed By

  • Michael Tuccillo

    Licensed Associate Real Estate Broker

    (212) 430-5196

    Email Michael

    License(s): NY: 10301217094, NY: 10491208938

    Manhattan

Single-Tenant Office

986-990 Sunrise Hwy

Listing Price: $1,300,000

Cap Rate
6.15%
Gross SF
2,711
Rentable SF
2,711
Price/Gross SF
$479.53
Lot Size
0.85 acres
Year Built
1987

Investment Highlights

  • The well-located subject property rests on a combined 0.85-acre parcel with +/- 2,711 square feet of leasable area
  • NYU Langone has approximately one year remaining on its original ten (10) year double net (NN) lease. LXD 3/31/2026
  • The vacant undeveloped lot at 990 Sunrise Highway, is also zoned E-Business, and allows for various office and retail uses.
  • This vibrant portion of Sunrise Highway is traveled by over 87,000 vehicles daily.

Investment Overview

The well-located subject property rests on a combined 0.85-acre parcel with +/- 2,711 square feet of leasable area. NYU Langone has approximately one year remaining on its original ten (10) year double net (NN) lease. The vacant undeveloped lot at 990 Sunrise Highway, is zoned E-Business, and allows for various office and retail uses. This vibrant portion of Sunrise Highway is traveled by over 87,000 vehicles daily, with myriad nearby demand drivers and synergistic national retailers including Target, Old Navy, HomeGoods, King Kullen, Michael’s, Rite Aid and much more. Access via the Southern Parkway and Robert Moses Parkway, further augmenting long term property value.

Exclusively Listed By

  • Michael Tuccillo

    Licensed Associate Real Estate Broker

    (212) 430-5196

    Email Michael

    License(s): NY: 10301217094, NY: 10491208938

    Manhattan

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