Retail Strip in Freeport, NY

88-92 BROADWAY, FREEPORT, NEW YORK 11520

Executive Summary:

Price:	$3,299,000
Building Size:	5,310 SF
Property Type:	Retail
Lot Size:	0.20 Acres
Year Built:	1923
Projected Cap Rate:	6.54%
Projected NOI:	$215,706
Location:	88-92 Broadway, Freeport, NY 11520

Investment Highlights

For Sale: Retail Strip in Freeport with 1 Current Vacancy
Vacancy Provides for Great Lease-Up Opportunity
Tenants Pay For Utilities
Property is Located Within Walking Distance to the Freeport LIRR Station
Close to Sunrise Hwy which has Several Retail Amenities & High Traffic Counts

Investment Summary

American Investment Properties is exclusively retained to sell the property located at 88-91 Broadway, Freeport. At this location is a retail strip with multiple tenants. There is currently one vacancy and the tenants pay for the utilities.

This property is located within walking distance to the Freeport LIRR station.

About Freeport, NY

Freeport is a village in the town of Hempstead, in Nassau County, on the South Shore of Long Island, in New York state, United States. Merrick Road and Sunrise Highway both run roughly east-west through the village. Additionally, the Meadowbrook State Parkway forms much of Freeport’s eastern border with Merrick. The Southern State Parkway runs east-west about a mile north of Freeport’s northern border with Roosevelt.

Freeport is served by the Freeport station on the Long Island Rail Road’s Babylon Branch.