Two-Unit Mixed-Use
29 W Sunrise Hwy Freeport, NY 11520
29 W Sunrise Hwy, Freeport, NY, 11520
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For Sale
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Pending
Two-unit mixed-use property with renovated interiors and a showroom/retail space plus a 3-bedroom apartment.
Property Size4,200 SF
Days on Market103
Property Features for 29 W Sunrise Hwy
General Information
- Standard status
- Pending
- Size
- 4,200 SF
- Property subtype
- Mixed Use
Listing agency
All Island Estates Realty Corporation
Listed by
Matthew Shane · License #NY 10311207810
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 9:24AM Checked: Jul 22 at 9:24AM
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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
Location Intelligence
Current Use by Public Records
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Hardware & Home Improvement
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FAQs
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
