Marcus & Millichap is pleased to present for sale 986-990 Sunrise Highway, an office property located in North Babylon, New York.
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 many 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.
North Babylon is an affluent, densely populated hamlet located in Southern Suffolk County on Long Island. The highly sought after Sunrise Highway corridor retail node has extremely high historical occupancy, as does the subject property. This offering represents a rare opportunity to acquire a trophy asset in a premier market. Additional information on this investment opportunity is available upon request.