29 W Sunrise Hwy | Freeport, NY 11520
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29 W Sunrise Hwy
Freeport, NY 11520
Retail Property For Sale
Executive Summary
Mixed-Use building on Sunrise Hwy in the heart of freeport. Building features 2400 Retail Space and one 875 SF two-bedroom Apartment. Ideal Owner user opportunity. Commercial tenant has short term lease and property can be delivered vacant. Current NOI of $52,000.00. Located across the Freeport LIRR station the section of Sunrise has a vehicle count of 58000. Neighbors Include Land Rover, Lexus, BMW, Porsche, Chevrolet, UPS, Dunkin', The Home Depot, Staples, 7-Eleven, Target, Goodyear, Mavis, Sunoco, Amoco, T-Mobile, IHOP, Walgreens, Papa John's, Domino's, Burger King, +!
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,200 SF
Building Class
C
Year Built
1952
Price
£632,871
Price Per SF
£151
Net Initial Yield
6.50%
NOI
£41,137
Percent Leased
43%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.61
Lot Size
0.06 AC
Parking
1.43 Spaces per 1,000 SF Leased
Frontage
25 ft on W Sunrise Highway
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