Stacy McFadden Of Signature Premier Properties Sells Mixed-Use Property In Babylon For $4.625M
238 Deer Park Avenue
$4,625,000
$342/SF
Building Size
13,500 SF
Asset Type
Mixed-use
Closing
Dec 18, 2025
AI
238 Deer Park Avenue, located in Babylon, is a mixed-use property consisting of 8 residential units and 6 commercial units. The asset was sold for $4,625,000 and has a total square footage of 13,500, resulting in a price per unit of $330,357 and a price per square foot of $342.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,625,000
- Units: 14
- Square Footage: 13,500
- Price Per Unit: $330,357
- Price Per Square Foot: $342
- Address: 238 Deer Park Avenue
- Market: Babylon
Stacy McFadden, Associate Broker with Signature Premier Properties, acted as the exclusive agent in the transaction. Her expertise lies in residential and commercial properties across Long Island, where she assists owners and investors in navigating the market and accessing on- and off-market opportunities.
Babylon Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.43%
Cash-on-Cash
-0.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93