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    Old Westbury Old Westbury, NY 11568

    Source: https://caprijetrealty.com
    For Sale
    $13,900,000

    16 acre compound with legal residential units

    Property size:
    15,000 SF

    Description

    Added:
    May 8, 2025
    Days on Market:
    214
    Best property on the market in Old Westbury. Look no further . Feast your eyes on this 16 acre compound with legal residential units. A 15,000 Sq. Ft. Mansion nestled on 4 gated private acres. Cottages, barns, horse stalls etc.Over $1,000,000 in landscaping. Plenty of acres to build, grow your own crops, add some livestock. Apply for agricultural tax breaks. This property is a must see to understand its true income potential .

    Listing Provided by: Donna M. Demkowicz , Donna Demkowicz R E Corp 718-326-2022

    Property Features for Old Westbury

    General Information

    Property type
    Residential income homes
    Square Feet
    15,000 SF
    Elevators
    N/A
    Lot Size
    696,960 SF

    Building Details

    Year Built
    1988
    Insight Report Location Intelligence

    Current Use by Public Records

    Residential income homes

    Map

    City
    Old Westbury
    State
    New York
    Longitude
    -73.6035902
    Latitude
    40.7835298

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Residential income home - 16 acre compound with legal residential units
    Where is this residential income home located?
    The property is located at Old Westbury Old Westbury, NY.
    What is the asking price?
    The asking price for this property is $13,900,000.
    (718) 326-2022
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    Old Westbury Old Westbury, NY 11568
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Old Westbury Old Westbury, NY 11568
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