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7 Patton Avenue
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Fourteen unit apartment building located in Babylon New York
- The asset is listed for sale at 5,799,999 dollars
- Current performance metrics reflect a stable 6% cap rate
- Located within a key residential submarket on Long Island
- Multifamily asset suitable for experienced investment portfolios
What's Special
Priced at $5,799,999, this multifamily apartment building provides a stabilized investment option in Babylon, New York. The property consists of 14 units and maintains a 6% cap rate, making it a functional addition to a diverse real estate portfolio. Babylon serves as a well-connected suburban hub within the Long Island market, offering proximity to local commuter rail lines and regional transit networks. This location continues to attract residents seeking balance between coastal access and reliable connectivity to broader metropolitan economic centers. Institutional investors and private operators often favor properties of this scale for their efficient management profiles and consistent demand within stable suburban submarkets. The asset provides immediate operational capacity for a buyer looking to secure a residential rental foothold in a high-demand area. With its unit count and established performance metrics, this building is positioned to support long-term revenue objectives in the multifamily sector.
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