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365 Atlantic Avenue, Freeport, NY 11520

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For Sale

$2,700,000

7,014 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $384.94
    Price per square foot

Explore this Property

Exceptional 4-lot commercial package featuring three established businesses plus a dedicated 16-space customer parking lot. Includes a 5,000 sq. ft. catering hall and two 2,500 sq. ft. restaurants (Texas Ranger Burger Joint + Pizzeria). Strong tenant stability with the pizzeria newly renewed for 10 years, Texas Ranger with 4 years remaining, and the catering hall secured for almost 8 years. Together, the property produces an approx. NOI of $167,000, delivering a 6.18% cap rate at a $2.7M list price. Located along the high-visibility Bayview/Atlantic Avenue corridor, this is a turnkey, cash-flowing investment in a strong commercial district.
MLS# 497308

Courtesy Of Womcore LLC dba Remax Edge

(718) 612-3088

Property Features

  • Architecture Style
    Other
  • Exterior Type
    Brick, Stone
  • Floor Covering
    Granite, Tile
  • Heating System
    Baseboard
  • Lot Size
    0.3 Acres

Map and Directions

Directions to 365 Atlantic Avenue, Freeport, NY 11520

Home seller CENTURY 21 AA Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 AA Realty

(516) 826-8100
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.