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Three-Tenant Retail Property
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53 W Sunrise Hwy, Freeport, NY 11520

Fully occupied retail building with restaurant tenancy, a partial basement, and dedicated on-site parking.

Property Size7,173 SF
Days on Market144

Property Features for 53 W Sunrise Hwy

General Information

Standard status Active
Size 7,173 SF
Total Parking Spaces 27
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 55,000 vehicles/day
Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Worth Property Group
Listed By: Anthony Naporlee · License #10401377232
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 3:26PM

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 Worth Property Group

Investment Insights

Based on property information with market context.

This fully occupied retail property contains 7,173 square feet and serves three tenants, with a partial basement and a 27-car paved parking lot. The building has been freshly painted. Two restaurant occupants are under new qualified leases, while a US government-guaranteed tenant has remained in place for over 30 years.

The property occupies the intersection of Sunrise Highway and Guy Lombardo Avenue, with exposure to more than 55,000 vehicles per day on Sunrise Highway. It is positioned across from a signalized intersection and the new Lexus Dealer, while the Freeport Railroad Station and bus stops are directly across the street. The configuration combines established occupancy, restaurant use, transit access, and visible highway frontage in a single retail asset.

Key Highlights

  • Fully occupied 7,173 SF three‑tenant retail property
  • US Government Guaranteed Tenant in place for over 30 years
  • Two restaurants each on new qualified leases

Property Analytics

Current Use

Freeport Army Recruiting ... Army Facility Naval Recruiting Advanced ... Military Recruiting Office US Navy Enlisted ... Military Recruiting Office US Air Force ... Military Recruiting Office US Marine Corps ... Military Recruiting Office

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Law Firm Garden Center Storage Facility Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

55,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,337
Businesses Nearby

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

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Fully occupied retail building with restaurant tenancy, a partial basement, and dedicated on-site parking.
Where is this retail space located?
The property is located at 53 W Sunrise Hwy Freeport, NY.
What are key features of this property?
This property features: Fully occupied 7,173 SF three‑tenant retail property; US Government Guaranteed Tenant in place for over 30 years; Two restaurants each on new qualified leases
More about this property
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