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Portfolio
Freeport, NY

$2,700,000 USD

General Retail For Sale • 7,214 SF

2 Properties View all

Property Details

Property Type General Retail
Cap Rate 5.48 %

30 Transit Score

81 Walk Score

                
                    Highlights
                
                                Low Ownership Expenses 
                            
                                16 Space Parking Lot
                            
                                Long Term Lease Stability 
                            
                                Prime Commercial Freeport Location
                            
                                Built In Rent Growth 
                            
                                Strong Income Producing Multi Tenant Asset

Financial Summary (Actual)

Net Operating Income: $147,888 USD (2024)

Cap Rate:	5.48 %
Total Expenses:	$54,000 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Freeport Station (Babylon Branch - Long Island Rail Road)	3 min	-	1.4 mi
Baldwin Station (Babylon Branch - Long Island Rail Road)	4 min	-	2.1 mi
Airport	Drive	Walk	Distance
John F Kennedy International	22 min	-	14.0 mi
LaGuardia	32 min	-	21.0 mi
Long Island MacArthur	43 min	-	31.2 mi

Patrick Lennon 718-288-3835 RE/MAX Edge

Portfolio Freeport, NY