Freeport Warehouse for Urgent
For Sale
$2,000,000
525 Ray Street, Freeport, NY 11520
22,342 SF warehouse in industrial area, suitable for redevelopment.
Property Size22,342 SF
Price / SF$89.52
Days on Market220
Property Features for 525 Ray Street
General Information
Standard status
Active
Size
22,342 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$15,000
Building Details
Building Size
22,342 SF
Stories
2
Listing Agency:
Great Ocean Realty
(718) 687-8329
Listed By:
Guangyun Xiao · License #10401279517
(718) 687-8329
Source:
Cohenandcohenrealty
Added: Jan 16
Changed: Aug 23
Last Checked: Aug 23 at 9:07AM
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 Great Ocean Realty
Investment Insights
Based on property information with market context.
This 22,342 square foot warehouse is available for urgent sale. Located in an industrial area, the property includes 12,894 square feet on the first floor and 9,448 square feet on the second floor, situated on a 16,340 square foot lot. The inside condition is noted as not good, with a portion of the building having been rebuilt. The building department is reportedly supportive of rezoning the area from industrial to residential, suggesting potential for apartment construction. The property is located a 25-minute drive from JFK Airport and 2 miles, or a 5-minute drive, from the highway entrance. The bike score is 33, indicating it is somewhat bikeable, while the walk score is 27, suggesting car dependence. The transit score is 0, indicating no nearby transit.
Key Highlights
- Large warehouse space: 22,342 SF total, with 12,894 SF on the first floor.
- Potential for rezoning to residential: Building department is supportive, opening doors for apartment construction.
- Convenient location: 25‑minute drive to JFK Airport.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - 22,342 SF warehouse in industrial area, suitable for redevelopment.
Where is this warehouse located?
The property is located at 525 Ray Street Freeport, NY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Large warehouse space: 22,342 SF total, with 12,894 SF on the first floor.; Potential for rezoning to residential: Building department is supportive, opening doors for apartment construction.; Convenient location: 25‑minute drive to JFK Airport.
