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Triplex with Separate Utilities
For Sale
$995,000
Pending

280 Pine Street, Freeport, NY 11520

Residential Income, Freeport, NY

Property SizeContact for details
Lot Size0.30 Acres
Days on Market57

Property Features for 280 Pine Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 7, Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 5, Bathroom 2, Basement, Bedroom 6, Bedroom 2
Parking features Paved or Surfaced, Driveway
Patio and Porch features Porch
Interior features Eat-in Kitchen
Basement Storage Space, Walk-Out Access, Unfinished
Elementary school Columbus Avenue School
Middle school John W Dodd Middle School
High school Freeport High School
Elementary school district Freeport
Middle school district Freeport
High school district Freeport
Standard status Pending
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 17395

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1920
Number of units 3
Listing Agency: Signature Premier Properties
Listed By: Danielle Johnsen
Added: Aug 21 Changed: Oct 15 Last Checked: Oct 16 at 6:06AM
MLS# 1042412

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.

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Investment Insights

Based on property information with market context.

This three-family residence in Freeport includes two three-bedroom apartments and one one-bedroom apartment. One second-floor bedroom opens to an exterior porch. The unfinished basement provides outside access and contains separate gas, electrical, and hot-water equipment for each apartment. The property will be delivered vacant and includes an eat-in kitchen, natural gas heating, window and wall/window cooling units, a paved driveway, and public water and sewer service.

Located at 280 Pine Street, the property has driveway access from Pine Street and S. Bayview Ave. Sunrise Highway is within walking distance. The 0.3-acre lot has been prepared for underground electrical wiring, and the source information identifies the possibility of adding a garage or guest house with proper permits. Built in 1920, the residence also includes cable availability and a porch.

Key Highlights

  • Three‑family layout with two 3‑bedroom apartments and one 1‑bedroom apartment
  • Separate gas meters, electrical meters, and hot‑water heaters for each apartment
  • 0.3‑acre lot with driveway access from Pine Street and S. Bayview Ave

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Gym & Fitness Center Nursing Home (Bike/Boat/Book/etc) Store Garden Center Clothing & Fashion Store Butcher

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

3
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,560
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Vacant three-family property with distinct utility metering and public water and sewer service.
Where is this triplex located?
The property is located at 280 Pine Street Freeport, NY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Three‑family layout with two 3‑bedroom apartments and one 1‑bedroom apartment; Separate gas meters, electrical meters, and hot‑water heaters for each apartment; 0.3‑acre lot with driveway access from Pine Street and S. Bayview Ave
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