Freeport Commercial Building with Auto
312-314 Woodcleft Avenue, Freeport, NY 11520
SINGLE_FAMILY - Freeport, NY
Type:Retail
Property size:
5,600 SFLot size:
0.24 AcresPrice / SF:
$303/SF- Added:
- May 6, 2026
- Days on Market:
- 16
- Last Refresh:
- May 21 at 11:06 pm
Property Features for 312-314 Woodcleft Avenue
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- 455.04
- Parking
- 12
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 2009-62-176-00-0399-0
- Size
- 5,600 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 17027
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 2
- Flooring type
- Concrete
- Building materials
- Stone
Listing agent Paul A. Conforti License #10301201366 (516) 322-3138
Listing office Douglas Elliman Real Estate 2300 Merrick Rd, Huntington Station, NY (516) 623-4500
Listing date May 6, 2026
MLS# 995986
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Versatile 5,600 sq ft commercial building on a 10,500 sq ft lot, suitable for various uses.
- Extensively renovated with two 200‑amp electric services, two gas meters, and three heating zones.
- High ceilings (14‑25 feet) and a 13.5‑foot drive‑in door provide flexibility.
- Includes approximately 5,700 sq ft of parking/storage area.
- Potential to be divided into two separate units.
- Convenient location near major roadways, waterfront destinations, and local business amenities.
Overview
Located at 314 Woodcleft Ave in Freeport, this free-standing commercial building provides approximately 5,600 sq ft of interior space on a 10,500 sq ft lot. Constructed in 1986 and extensively renovated, the property is currently owner-occupied as an automotive sales and repair facility. It features two 200-amp electric services, two gas meters, and three separate heating zones. The interior includes two bathrooms, two private offices, a kitchenette, and a reception area. A 13.5-foot drive-in door and ceiling heights ranging from approximately 14 to 25 feet offer flexibility for various commercial uses. The property also includes approximately 5,700 sq ft of parking and storage area. The property has the potential to be divided into two separate units. Suitable uses may include retail, warehouse, marine-related sales, automotive sales, equipment sales, service-related businesses, or other permitted commercial uses, subject to local zoning and approvals. The property is conveniently located near major roadways, waterfront destinations, and local business amenities. The zoning is 455.04.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$1.23M
NOI $110,897 @ 9.00% cap · cautious / downside scenario
Moderate
$1.58M
NOI $110,897 @ 7.00% cap · market / base-case scenario
Aggressive
$2.22M
NOI $110,897 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $168.0k | $30.00 |
| − Vacancy | −$9.6k | −$1.71 |
| EGI | $158.4k | $28.29 |
| − OpEx | −$47.5k | −$8.49 |
| NOI | $110.9k | $19.80 |
5,600 SF · lease $30.00/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$1.58M
$1.39M – $1.85M
NOI $110,897 @ 7.0% cap · market cap 6.52%
Second Best
Warehouse
$1.39M
$1.22M – $1.62M
NOI $97,317 @ 7.0% cap · market cap 5.72%
Theoretical Best
Specialty Retail
$3.70M
$3.24M – $4.32M
NOI $259,182 @ 7.0% cap · market cap 15.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Auto shops
Location Insight
- Map
- Local Demand
- City
- Freeport
- County
- Nassau
- State
- New York
- Longitude
- -73.581726
- Latitude
- 40.631904
Nearby Similar for Sale
FAQs
What type of property is this?
Automotive property - Versatile commercial building suitable for retail, warehouse, or automotive uses.
Where is this automotive property located?
The property is located at 312-314 Woodcleft Avenue Freeport, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Versatile 5,600 sq ft commercial building on a 10,500 sq ft lot, suitable for various uses.; Extensively renovated with **two 200‑amp electric services, two gas meters, and three heating zones.**; **High ceilings (14‑25 feet) and a 13.5‑foot drive‑in door** provide flexibility.
