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70 S Main St
Freeport, NY 11520

$1,550,000 USD

Storefront Retail Residential Condo For Sale  •  5,000 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 5,000 SF
  • Lot Size 0.16 AC
  • Building Class B
  • Year Built 2005
  • Cap Rate 5.14 %
  • Tenancy Multiple
55 Transit Score
92 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1 Office 5,000 SF $1,550,000 USD
  • Unit Size: 5,000 SF
  • Condo Use: Office
  • Price: $1,550,000 USD
  • Sale Type: Investment
  • Price/SF: $310.00 USD
Description
Property Characteristics:
•	5,000 sq.ft. 1st fl. floor with high ceilings and three walls of windows
•	Formerly leased to Jesus Christ Latter Day Saints Church.
•	4 Separate Entrances – Front, Rear & Side
•	Paved walkway from municipal parking lot in rear to Main Street
•	Abundant parking
•	Available June 2026

Sale Notes
High ceilings and three walls of windows, leased through May 2021 to Corporation of the
Presiding Bishop of the Church of Jesus Christ of Latter Day Saints, a Utah Corp., paved walkway
from municipal parking lot in rear to Main Street, abundant parking, walking distance to LIRR,
located between Sunrise Hwy & Merrick Rd. Prime State-Of-The-Art new construction. 
Total Income: $139,700
Expenses: $60,000
NOI: $79,700
CAP Rate: 6.4%

Property Flyers

Financial Summary

Cap Rate: 5.14 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Brook Valley Kydaha Inc 500 SF
Church Of Jesus Christ of Latter Day Saints 5,000 SF 5/1/2026

Public Transportation

Commuter RailDriveWalkDistance
Freeport Station (Babylon Branch - Long Island Rail Road) 1 min 4 min 0.2 mi
Baldwin Station (Babylon Branch - Long Island Rail Road) 3 min - 1.6 mi
Transit/SubwayDriveWalkDistance
Freeport Station (Babylon Branch - Long Island Rail Road) 1 min 4 min 0.2 mi
AirportDriveWalkDistance
John F Kennedy International 21 min - 13.4 mi
LaGuardia 31 min - 20.4 mi
Long Island MacArthur 41 min - 29.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Steven Epstein 631-421-1000 United Realty
Steven Epstein 631-421-1000 United Realty