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    Property profile & analytics
    OFF-MARKET Estimated value $585,000
    Office buildings

    371 Un Ave, Westbury, NY 11590-3231

    1,728 SF 0.24 ac lot Built 1961
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US63-0986364
    Property summary
    AI-generated overview

    This exceptional 5.5 million dollar commercial property, located at 371 Union Avenue in the heart of Westbury, New York, presents a remarkable investment opportunity. Situated on a corner lot, this property benefits from high foot traffic, making it ideal for a variety of commercial ventures. The existing structure offers significant potential for redevelopment. Imagine the possibilities: a modern luxury apartment complex catering to the growing demand for upscale housing, a vibrant collection of upscale shops and boutiques capitalizing on the area's bustling atmosphere, or a mixed-use development combining residential and commercial spaces. The strategic location within Westbury ensures easy access to major transportation routes, enhancing its appeal to both residents and businesses. This property's prime location and substantial size make it an exceptional canvas for a visionary developer seeking to create a landmark project. The substantial lot size provides ample space for a large-scale development, allowing for creative architectural designs and expansive layouts. This is a rare chance to acquire a highly desirable commercial property in a thriving area with immense potential for significant returns. The property is offered at $5,500,000. Serious inquiries only. The property is zoned for commercial use. Further details regarding zoning regulations and development possibilities are available upon request.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1961
    Construction FRAME
    Total area 1,728 SF
    Lot 0.24 ac (10,564 SF)
    APN 10-228-00-0318
    UPID US63-0986364
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Universal Taxi Courier Service
    • Tow Truck Long Island Auto Repair Shop
    • Naderi Properties Construction Company General Contractor
    • MARQUEZ MULTISERVICE INC. Bank Credit Union
    • Nabe Tax Pros (Your Neighborhood Tax Professionals) Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $585k
    Owner & transaction history
    Naderias Realty LLC · 1 yrs held
    Naderias Realty LLC
    since 2025
    6 recorded transactions
    2025
    2017
    2016
    2015
    $400,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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