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New Multifamily Development Package
For Sale
$5,799,999

7 Patton Ave, Babylon, NY 11704

Seven newly constructed buildings totaling 14 two-bedroom, one-bath rental units are offered as a single package.

Property SizeContact for details
Days on Market122

Property Features for 7 Patton Ave

General Information

Standard status Active

Additional Details

Multifamily Units 14

Taxes and HOA fees

Annual Taxes $91,000
Listing Agency: BERKSHIRE HATHAWAY
Listed By: Gina M. DeMaio
Source: Exprealty
Added: May 7 Changed: Aug 20 Last Checked: Sep 4 at 2:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKSHIRE HATHAWAY

Investment Insights

Based on property information with market context.

This newly constructed multifamily residential development consists of seven separate buildings, with two 2-bedroom, 1-bath rental units per building for a total of 14 units. The buildings are described as having consistent layouts and modern finishes. The offering is sold as one complete package.

The property is located at 7 Patton Avenue in Wyandanch, with convenience to local amenities and the Wyandanch LIRR station. The public remarks also note proximity to ongoing revitalization efforts in the area.

Construction is nearing completion, positioning the development for lease-up following finalization.

Key Highlights

  • Seven newly constructed residential buildings offered as one complete package.
  • Total of 14 rental units: each building has two 2‑bedroom, 1‑bath units.
  • Consistent building layouts and modern finishes across the development.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Accounting Firm Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

532
Businesses Nearby

Demographics for 11704, NY

40,367
Population
13,406
Households
3
Avg Household Size
42
Median Age
32%
College-Educated
89%
High-School Grad
7.9 sq mi
ZIP Area
5,110
Density / Sq Mi
$127,034
Median Household Income
$55,098
Median Earnings
$2,089
Median Rent
$485,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Seven newly constructed buildings totaling 14 two-bedroom, one-bath rental units are offered as a single package.
Where is this apartment building located?
The property is located at 7 Patton Ave Babylon, NY.
What is the asking price?
The asking price for this property is $5,799,999.
What are key features of this property?
This property features: Seven newly constructed residential buildings offered as one complete package.; Total of 14 rental units: each building has two 2‑bedroom, 1‑bath units.; Consistent building layouts and modern finishes across the development.
More about this property
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