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70 S Main St
Freeport, NY 11520

$1,250,000 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 6.38 %
  • Tenancy Multiple
55 Transit Score
90 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1 Office 5,000 SF $1,250,000 USD
  • Unit Size: 5,000 SF
  • Condo Use: Office
  • Price: $1,250,000 USD
  • Sale Type: Investment
  • Price/SF: $250.00 USD
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

Cap Rate: 6.38 %

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) 0 min 4 min 0.2 mi
Baldwin Station (Babylon Branch - Long Island Rail Road) 2 min - 1.6 mi
AirportDriveWalkDistance
John F Kennedy International 20 min - 13.4 mi
Laguardia 30 min - 20.4 mi
Long Island MacArthur 40 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