Two-Unit Mixed-Use
For Sale
Contact for pricing
Pending
29 W Sunrise Hwy, Freeport, NY 11520
Two-unit mixed-use property with renovated interiors and a showroom/retail space plus a 3-bedroom apartment.
Property Size4,200 SF
Days on Market112
Property Features for 29 W Sunrise Hwy
General Information
Standard status
Pending
Size
4,200 SF
Total Parking Spaces
6
Property subtype
Mixed Use
Site & Location
Traffic Count
58,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
10 ft
Heavy Power
Yes
Additional Details
Cap Rate
10.68%
Multifamily Units
1
Amenities
central air conditioning
new LED lighting
excellent signage
great exposure
signalized intersection
Building Details
Year Renovated
2022
Tenancy
Multi
Listing Agency:
All Island Estates Realty Corporation
Listed By:
Matthew Shane · License #NY 10311207810
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Jul 29 at 8:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of All Island Estates Realty Corporation
Investment Insights
Based on property information with market context.
This two-unit mixed-use building offers a showroom/retail unit and a separate 3-bedroom apartment. The property was renovated in 2022 and includes high 10’ ceilings, all-new LED lighting, 3-phase power, and CAC. Six parking spaces are available on site, and the building can be delivered vacant if needed.
Located on busy Sunrise Highway at a signalized intersection in Freeport, it is across from the Freeport LIRR station. The property benefits from stated daily traffic of 58,000+ vehicles per day, and the surrounding retail and services tenant mix includes Land Rover, Lexus, BMW, Porsche, Chevrolet, UPS, Dunkin’, The Home Depot, Staples, 7-Eleven, Target, Goodyear, Mavis, Sunoco, Aamco, T-Mobile, IHOP, Walgreens, Roslyn Savings Bank, Papa John’s, Domino’s, and Burger King.
Stated annual income includes $67,200 for the showroom/retail unit (2,400 sqft), $15,000 for the additional LL unit (1,000 sqft), and $27,600 for the 3-bedroom apartment (800 sqft). Stated annual expenses include $0 gas, $0 electric, $250 maintenance and repairs, $360 water, $2,253 insurance, and $16,175 taxes, resulting in a stated NOI of $90,762 (pro forma 10.68 cap).
Located on busy Sunrise Highway at a signalized intersection in Freeport, it is across from the Freeport LIRR station. The property benefits from stated daily traffic of 58,000+ vehicles per day, and the surrounding retail and services tenant mix includes Land Rover, Lexus, BMW, Porsche, Chevrolet, UPS, Dunkin’, The Home Depot, Staples, 7-Eleven, Target, Goodyear, Mavis, Sunoco, Aamco, T-Mobile, IHOP, Walgreens, Roslyn Savings Bank, Papa John’s, Domino’s, and Burger King.
Stated annual income includes $67,200 for the showroom/retail unit (2,400 sqft), $15,000 for the additional LL unit (1,000 sqft), and $27,600 for the 3-bedroom apartment (800 sqft). Stated annual expenses include $0 gas, $0 electric, $250 maintenance and repairs, $360 water, $2,253 insurance, and $16,175 taxes, resulting in a stated NOI of $90,762 (pro forma 10.68 cap).
Key Highlights
- Two‑unit mixed‑use building with 2,400 SF showroom/retail space plus an 800 SF 3‑bedroom apartment
- Renovated in 2022 and can be delivered vacant if needed
- Income includes $67,200/year for the showroom/retail unit, $15,000/year for the LL unit, and $27,600/year for the apartment
Property Analytics
Current Use
Lease Details
10 ft
Clear height
1
Residential units
58,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Heavy power
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,337
Businesses Nearby
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Business Placement
Demographics for 11520, NY
45,121
Population
14,912
Households
3
Avg Household Size
39
Median Age
27%
College-Educated
86%
High-School Grad
5.1 sq mi
ZIP Area
8,847
Density / Sq Mi
$119,407
Median Household Income
$47,475
Median Earnings
$1,984
Median Rent
$480,600
Median Home Value
Market
Properties on Market for Mixed-use properties in Nassau County
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-unit mixed-use property with renovated interiors and a showroom/retail space plus a 3-bedroom apartment.
Where is this mixed-use property located?
The property is located at 29 W Sunrise Hwy Freeport, NY.
What are key features of this property?
This property features: Two‑unit mixed‑use building with 2,400 SF showroom/retail space plus an 800 SF 3‑bedroom apartment; Renovated in 2022 and can be delivered vacant if needed; Income includes $67,200/year for the showroom/retail unit, $15,000/year for the LL unit, and $27,600/year for the apartment
