29 W Sunrise Highway Freeport, NY $ 825,000
29 W Sunrise Highway
$ 825,000
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29 W Sunrise Highway

Freeport, NY, 11520
$ 825,000
Baths0.0 Sq 4,200

Monthly Estimate*

$ 5,483

29 W Sunrise Highway, Freeport, NY 11520 - Image 1
29 W Sunrise Highway, Freeport, NY 11520 - Image 2
29 W Sunrise Highway, Freeport, NY 11520 - Image 3
29 W Sunrise Highway, Freeport, NY 11520 - Image 4
29 W Sunrise Highway, Freeport, NY 11520 - Image 5
29 W Sunrise Highway, Freeport, NY 11520 - Image 6
29 W Sunrise Highway, Freeport, NY 11520 - Image 7
29 W Sunrise Highway, Freeport, NY 11520 - Image 8
Studio

Commercial Property for sale in Freeport, NY

for $825,000. This 4,200 square foot building was built in 1928 on a lot size of 0.06.

Calling All Investors, Developers & End-Users!!! 11.11 Cap 4,200 Sqft. Two Unit Mixed-Use Building For Sale!!! Located On Busy Sunrise Highway The Property Features Great Exposure, Excellent Signage, 6 Parking Spaces, High 10' Ceilings, 3 Br Apartment, Signalized Intersection, All New LED Lighting, 3 Phase Power, CAC, +++!!! The Property Was Renovated In 2022!!! The Property Is Located In The Heart Of Freeport On Busy Sunrise Highway Across From The Freeport LIRR Station!!! This Portion Of Sunrise Highway Has A Daily Traffic Count Of 58,000 + Vehicles Per Day!!! Neighbors Include Land Rover, Lexus, BMW, Porsche, Chevrolet, UPS, Dunkin', The Home Depot, Staples, 7-Eleven, Target, Goodyear, Mavis, Sunoco, Aamco, T Mobile, IHOP, Walgreens, Roslyn Savings Bank, Papa John's, Domino's, Burger King, +++!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Has HUGE Upside Potential!!! This Could Be Your Next Investment Property / Home For Your Business!!! Income: Showroom/ Retail Unit (2,400 Sqft.): $67,200 Ann. (Available) LL (1,000 Sqft.): $15,000 Ann. (Available) 3 Br Apartment (800 Sqft.): $28,500 Ann. M-M. Gross Income: $110,700 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water: $360 Ann. Insurance: $2,253 Ann. Taxes: $16,175 Ann. Total Expenses: $19,038 Ann. Net Operating Income (NOI): $91,662 Ann. (Proforma 11.11 Cap!!!) , or

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Commercial Pending

Price

$ 825,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 16,976

Style

Lot Size

0.06

Year Built

1928

Town/City

Freeport

County/Region

Nassau

MLS | Web ID

3460149

Features
General
NumberOfUnitsTotal 2
Lot Size Units Acres
Building Area Units Square Feet
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* Excluded Features
List By
Richard Matt Shane

Listing Agent

All Island Estates Realty Corp

Broker

matthewshane8828@gmail.com

Email

Affordability Calculator

$6,898
Per Month
79%
21%
0%
Monthly Principal & Interest
$5,483
Monthly Property Taxes
$1,415
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/12/2023$825,000 -2.94% Price Down
3/15/2023$850,000 -4.28% Price Down
2/23/2023$888,000 Listed Price

Map


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29 W Sunrise Highway, Freeport, NY, 11520 is a Commercial Property for sale at $825,000 with 4,200 sqft and a lot size of 0.06. 29 W Sunrise Highway is a studio with 0.0 baths and was built in 1928. The property's zip code is 11520 which is in Freeport, NY