365 Atlantic AVE, Freeport, NY 11520
365 Atlantic AVE, Freeport, NY 11520
365 Atlantic AVE, Freeport, NY 11520
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$2,299,000
Est. payment /mo
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10,341 Sqft Lot
Pending

365 Atlantic AVE Freeport, NY 11520

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Jose Agudo

Jose Agudo

+1(917) 674-8131

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 935684

Rental Info No

Year Built 1918

Annual Tax Amount $43,000

Lot Size 10,341 Sqft

Acres 0.2374

Property Sub-Type Mixed Use

Source onekey2

Property Description

Exceptional 4-lot commercial package featuring three established businesses plus a dedicated 16-space customer parking lot. Includes a 5,000 sq. ft. catering hall and two store fronts adding up to 2,500 sq. ft. (Texas Ranger Burger Joint + Pizzeria). Strong tenant stability with the pizzeria newly renewed for 10 years, Texas Ranger with 4 years remaining, and the catering hall secured for almost 8 years. Together, the property produces an approx. NOI of $146,888, delivering a 6.39% cap rate at a $2.3M list price. Located along the high-visibility Bayview/Atlantic Avenue corridor, this is a turnkey, cash-flowing investment in a strong commercial district.

Location

State NY

County Nassau County

Rooms

Basement Partial

Interior

Heating Baseboard, Hot Air, Hot Water

Cooling None

Fireplace No

Exterior

Parking Features On Street, Parking Lot

Utilities Available See Remarks

Total Parking Spaces 16

Building

Lot Description Back Yard, Corner Lot

Sewer Other

Water Other

Structure Type Block

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by RE/MAX Edge • Patrick Lennon

NEARBY SCHOOL & BUSINESS

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Jose Agudo

Jose Agudo

Agent

+1(917) 674-8131

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365 Atlantic AVE

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