Property Description

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

Features
: Natural Gas
Address Map
US
NY
Nassau
Freeport
11520
Sunrise
29
Highway
W74° 26' 24.7''
N40° 39' 41.2''
Sunrise Hwy between Church and Guy Lombardo Ave
W
Additional Information
Mixed
25x91
2
2023-02-22
850000
2
Financial
16976
Listing Information
176463
CBE01
U
2024-06-22T04:22:23Z
OneKey

Commercial Sale For Sale

29 W Sunrise Highway, Freeport, NY 11520

0.06 Acre
Visits : 29 in 732 days
$825,000
Listing ID #L3460149
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : L3460149
Price : $825,000
Year Built : 1928
Lot Area : 0.06 Acre
Status : Expired
Office Name : All Island Estates Realty Corp
Agent Name : Richard Matt Shane
Property Sub Type : Mixed Use
Contact Agent

Accessibility Toolbar

Property