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    847 Prospect Ave Westbury, NY 11590
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    Property profile & analytics

    847 Prospect Ave Westbury, NY 11590


    • Office buildings
    • 888 SF
    • 0.10 lot acres
    Off-Market
    Property ID
    US63-6092120
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Platinum Winners Realty / Real Estate Agency

    Property Details for 847 Prospect Ave

    Year built
    1922
    Construction
    FRAME
    Lot size
    0.10 lot acres
    Property size
    888 SF
    Property type
    Office buildings
    APN
    11-001-00-0048
    APU
    11001000048

    Description

    This exceptional mixed-use property at 847 Prospect Avenue in Westbury, NY, presents a compelling investment opportunity. The building features an updated office space on the main level, a lower-level office area, and a separate residential unit at the rear, all situated on a private lot with ample parking. The property's versatility allows for owner-occupancy or continued rental income generation. Each unit benefits from separately metered electricity, with two gas meters—one for the residential unit and one for both office spaces, offering efficient utility management. Currently, the property is occupied by a residential tenant and a commercial tenant on month-to-month leases, providing immediate cash flow and flexibility. The substantial storage space within the residential unit adds to its appeal. The high-traffic location on Prospect Avenue ensures excellent visibility and accessibility. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable Westbury location. The flexible lease terms allow for immediate income and the potential to increase rental rates in the future. Don't miss this chance to secure a valuable asset with significant upside potential. The asking price is $699,999.


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    Location Insight

    • Map
    • Local Demand
    City
    Westbury
    County
    Nassau
    State
    New York
    Longitude
    -73.5688
    Latitude
    40.7624
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,292
    $1,197
    $1,211
    $2,408
    -
    $0.00
    $0.00
    $240,800
    More about this property
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