Investment Overview

Marcus & Millichap is pleased to present 742 Roman Avenue, a multifamily property located in Westbury, NY. The 3,979 square foot building rests on a 0.16- acre corner parcel and consists of six (6) apartments, comprised of two one-bedroom/one bath units, two two-bedroom/one bath units, one three-bedroom/one bath unit, and one studio unit. Each unit is separately metered for heat and electricity. This property has on-site parking for tenants, who benefit from close proximity to the Westbury LIRR Station, Martin Bunky Reid Park, and Ideal Food Basket grocery store. The area demographics paint a picture of opportunity – over 112,000 people live within a three miles radius and an average household income is well over $150,000. Westbury is positioned for further growth thanks to its downtown revitalization initiative. Accompanying rezoning has allowed for greater density and development of transit oriented mixed use and multifamily properties near the recently renovated LlRR station, further evidence of the level of demand in the local rental market. Additional information is available upon request.