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    365 Atlantic Ave Freeport, NY 11520

    For Sale
    $2,700,000

    Commercial - Freeport, NY

    Property size:
    7,014 SF
    Lot size:
    0.36 Acres
    Days on Market:
    21
    Last Refresh:
    Dec 7 at 11:06 am

    Property Features for 365 Atlantic Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    A
    Size
    7,014 SF
    Lot size
    0.36 Acres

    Utilities

    Heating system
    Baseboard, Hot Water (Heating), Natural Gas

    Building Details

    Year built
    1918
    Flooring type
    Granite, Tile
    Building materials
    Brick, Stone
    Architectural style
    Other

    Womcore LLC dba Remax Edge (718) 612-3088 [email protected]

    Listing agent Patrick S. Lennon (718) 612-3088

    Listing date Nov 17, 2025

    MLS# 497396 Listing URL

    Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freeport Commercial Investment Opportunity

    This commercial package features four lots and includes three established businesses, along with a dedicated 16-space customer parking lot. The property includes a 5,000 square foot catering hall and two storefronts totaling 2,500 square feet, currently occupied by a burger joint and a pizzeria. The pizzeria has recently renewed its lease for 10 years, the burger joint has 4 years remaining on its lease, and the catering hall has a lease secured for almost 8 years. The property generates an approximate net operating income (NOI) of $157,888, resulting in a 5.85% cap rate. The property is located along the Bayview/Atlantic Avenue corridor. The total property size is 7,014 square feet on a lot of approximately 0.36 acres. The zoning is 'A'.
    Location Intelligence

    Current Use by Public Records

    Vinny's Barber Shop Barber Shop Freeport Sewer and Draing ... Plumber John Anthony's Pizza Restaurant sdcfvg Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Nassau
    State
    New York
    Longitude
    -73.592033
    Latitude
    40.644568

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    FAQs

    What type of property is this?
    Conventional restaurant - Four-lot commercial package with three businesses and parking.
    Where is this conventional restaurant located?
    The property is located at 365 Atlantic Ave Freeport, NY.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - Turnkey, cash-flowing investment property with approx. $157,888 NOI.; - 5.85% cap rate at a $2.7M list price.; - Four-lot commercial package with three established businesses.
    (718) 612-3088
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    365 Atlantic Ave Freeport, NY 11520
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    Freeport, NY 11520
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    365 Atlantic Ave Freeport, NY 11520
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