BEDS5
BATHS4 full
MLS#1065197
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBabylon
Property Description
Exceptional multifamily investment opportunity in the heart of Babylon Village. This turnkey three-family property features separate electric, gas, and water meters for each unit, making it easy to manage for investors or an ideal house-hack for an owner-occupant looking to offset their mortgage. Extensively updated in 2024, with further improvements since, including new washers and dryers, new ductless split heating and air conditioning, all new kitchens in each unit, new appliances, updated flooring, and new bathrooms. Additional highlights include a detached one-car garage. Close to Babylon's vibrant Main Street, the LIRR station, and the village beaches.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ductless
Garage: 1
Heating: Natural Gas
Taxes: $20,132
Year Built: 1900
Amenities
First Floor Bedroom
First Floor Full Bath
Crown Molding
Natural Woodwork
Feature Descriptions
Cap Rate: 11778
Exterior: Frame
GarageY/N: Yes
On Market Date: 2026-10-29
Parking Features: Driveway, On Street, Shared Driveway
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Water: Public
Local Schools
High School: Babylon Junior-Senior High School
Middle School: Babylon Junior-Senior High School
Elementary School: Babylon Elementary School
School District: Babylon
Estimate Your Payment
Estimated Payment
$ 8,630.34 per month $6,573.51 Principal & Interest $1,677.67 Property Tax $379.17 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Eric G Ramsay Jr Assoc LLC
Agency Contact: 631-665-1500
Shown By
Agent Name: Denielle "Deni" Passaretti
Agent Phone: Cell: (516) 473-4227
Agency Title: Coldwell Banker American Homes
222 Cedar Lane | MLS# 1065197
This multi-family property located at 222 Cedar Lane, Babylon, NY 11702 is currently listed for sale with an asking price of $1,299,999. Cedar Lane is located within the Babylon school district. Search Babylon real estate on deniellepassaretti.cbamhomes.com today.