Berkshire Hathaway Commercial Services is excited to present a new Transit-Oriented Development (TOD) mixed-use opportunity at 336 Maple Avenue in the Village of Westbury.
The Village of Westbury has undergone significant revitalization since receiving a $10 million Downtown Revitalization Initiative (DRI) award from New York State in 2016. This has transformed the Post Avenue retail corridor and led to successful TODs like Railroad Avenue development known as “The Cornerstone at Westbury.”
This development opportunity at 336 Maple Avenue is ideally located just steps from Post Avenue, where you’ll find a vibrant array of restaurants, bars, shops, and “The Space at Westbury” theater. The site is also conveniently a two-minute drive or seven-minute walk from the LIRR Westbury Station, offering a 33-minute commute to NYC’s Penn Station and direct service to Montauk.
While the project is not yet approved, we’ve had numerous productive meetings with the Village of Westbury to understand their feedback and incorporate it into the conceptual plans included in this Offering Memorandum. Based on our due diligence and these discussions, we are confident that our plans will be well-received during the formal site plan application process. The property is correctly zoned for the intended development, meaning only site plan approval and building permits are required, making the entitlement process fairly straightforward.
If you are a developer then you know how hard it is to assemble properties, benefit from having the correct zoning and navigate the entitlement process. We have assembled the properties with the correct zoning for you and we are fortunate enough to be within the village jurisdiction. If you are seriously considering this project then you should already know that an entitlement process directed through the village is far easier and faster than dealing with the Township.
Please give us a call for the full Offering Memorandum | 516 703 2300