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213 & 219 Butler St, Westbury, NY 219 Butler St Lot | Terrain commercial | 0,16 ha | À vendre | 2 152 649 € | Westbury, NY 11590
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Informations principales sur l'investissement
- Prime development opportunity with 12 apartments and +/- 19,268 BSF.
- The property offers a prime transit-oriented location, situated just 0.3 miles from the Westbury LIRR station
- The market demonstrates strong renter demand, supported by more than 122,000 residents living within a three-mile radius.
- The development features a modern 12-unit design consisting of ±1,000 square-foot 1-bedroom, 1.5-bathroom layouts.
- Average household incomes of approximately $167,000 within three miles
Résumé analytique
The project features a modern 12-unit program of ±1,000 SF one-bedroom, 1.5-bathroom layouts complemented by private storage. Residents enjoy immediate access to a retail-rich environment anchored by Roosevelt Field Mall — the 7th most visited mall in America, drawing 9+ million annual visitors per Placer.ai — as well as The Gallery at Westbury Plaza and multiple surrounding shopping centers, along with institutional-grade amenities including Nassau Community College, Eisenhower Park, and major regional employment centers. With constrained new multifamily development creating high barriers to entry, the property is positioned for durable long-term performance driven by stable renter demand, commuter appeal, and sustained regional economic strength.
Informations sur l’immeuble
| Prix | 2 152 649 € | Sous-type de bien | Terrain commercial |
| Type de vente | Investissement | Usage proposé | Lots d’appartement |
| Nb de lots | 1 | Surface totale du lot | 0,16 ha |
| Type de bien | Terrain |
| Prix | 2 152 649 € |
| Type de vente | Investissement |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Terrain commercial |
| Usage proposé | Lots d’appartement |
| Surface totale du lot | 0,16 ha |
1 Lot disponible
Lot
| Prix | 2 152 649 € | Surface du lot | 0,16 ha |
| Prix par ha | 13 298 280,03 € |
| Prix | 2 152 649 € |
| Prix par ha | 13 298 280,03 € |
| Surface du lot | 0,16 ha |
The site benefits from a location approximately 0.3 miles from the Westbury Long Island Rail Road station, providing direct commuter access to employment centers throughout Long Island and New York City.
Description
213 & 219 Butler Street presents an opportunity to acquire a multifamily development site in the Village of Westbury, one of Nassau County's established residential and commuter-oriented communities. The property is being marketed as a planned residential development site with a proposed 12-unit multifamily project, offering investors and developers the ability to capitalize on continued housing demand within Long Island's supply-constrained market. Westbury continues to attract residents seeking transit accessibility and proximity to major employment, retail, and educational destinations across Long Island. The site's planned residential configuration offers the potential to deliver new housing inventory within a market where developable land remains limited. Combined with convenient rail access, established surrounding development patterns, and connectivity to regional transportation infrastructure, 213 & 219 Butler Street represents a compelling opportunity for developers seeking to add new multifamily housing in a mature Nassau County location.
Présenté par
213 & 219 Butler St, Westbury, NY | 219 Butler St
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