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Listed price in listed location currency (USD).
$2,299,000

000

MLS® 497396

Overview

Key Facts

Type 
Levels Commercial Sale
Size 7014 sqft
Garage 
Taxes 
Days Active 141
Lot Size 
Approx. Age 1918
Avg. Price Per Sqft $327
MLS® Number 497396

Property Address: 365 Atlantic Ave, Freeport, NY, 11520-4242

Average square foot calculated using Size range provided by listing agent.

Description

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 store fronts adding up to 2, 500 sq. ft. (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 $157, 888, delivering a 5.85% 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® Number497396
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1918
BasementPartial, Semi-Finished
Driveway6+ Spaces, Parking Area
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 17, 2025List Date
$2,299,000List Price

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