57-61

E Shore Drive

Babylon | New York

The Zenith of

Villa Elegance

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Melanie Mazzeo

Presented At

$650,000

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57-61

E Shore Drive

Babylon | New York

57-61 E Shore Drive, Babylon, New York, United States. , Babylon , New York

57-61 E Shore Drive - Babylon, New York

A prime opportunity with exceptional potential available for the first time in over 6 decadestwo of the last remaining vacant waterfront lots in the Inc Village of Babylon and lovely Frederick Shores, a South Shore lifestyle community. Nearly 150' of frontage on the Great South Bay and approximately 90' of frontage on a canal, affording absolutely stunning panoramic water views out toward Robert Moses Causeway, Captree, and Oak Island. The Fred Shore Beach Club (dues) provides residents with a private bay beach, pavilion, playground & BBQing area, and an annual social calendar. This opportunity is for two lots adjacent lots offered together, subdivided from a singular lot (totaling 1/3 acre) upon which a single family residence once stood. (70' of bay frontage, lot size of .17 acre ) and (75' of bay frontage plus ~90' of canal, lot size of .16 acre).

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Property Location

57-61 E Shore Drive, Babylon, New York, United States., Babylon New York

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Frequently Asked Questions

Common questions about this property

What is the listing price for 57-61 E Shore Drive, Babylon, New York, United States?

This property is listed at $65,000,000.

What type of property is 57-61 E Shore Drive, Babylon, New York, United States?

This is a land parcel located in Babylon, New York. The property is situated in an established neighborhood with convenient access to local amenities and services.