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    19 Suffolk St Freeport, NY 11520

    Sponsored
    For Sale
    $1,400,000

    Prime Freeport location, 2 units, 20 parking spaces.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 19 Suffolk St in Freeport, NY 11520, presents a unique investment opportunity. Built in 2013 and completely rebuilt after Hurricane Sandy, this three-story building offers 2 units totaling approximately [Size not provided, cannot be included] square feet. The property is zoned marine industrial, making it ideal for a variety of businesses. The ground floor boasts an expansive unfinished storage space, perfect for marine-related activities such as boat sales, display, storage, repair, and maintenance. Additionally, there are 20 parking spaces available on the first floor, providing ample parking for customers and employees. A residential rental unit is also located on the first floor, adding to the property's income potential. The building's prime location, a short distance from Freeport's nautical mile, ensures high visibility and accessibility. The upper floors offer office space, suitable for administrative functions or related businesses. The property's versatility allows for a range of uses, including the sale of fish, a restaurant, bar, grill, or other retail and service businesses. This is a rare opportunity to acquire a well-maintained, recently rebuilt commercial property in a highly desirable location. The property is situated in Nassau County, New York, with easy access to major transportation routes. The asking price is $1,400,000.

    Property Features for 19 Suffolk St

    General Information

    Property type
    Mixed-use properties

    Building Details

    Year Built
    2013
    Buildings
    1
    Stories
    3
    Units
    2

    HighLights

    • $1,400,000 asking price.
    • Mixed‑use property with marine and office components.
    • Two units in a single, three‑story building.
    • Constructed in 2013.
    • Located at 19 Suffolk St, Freeport, NY 11520, in Nassau County.
    • Prime commercial location near Freeport's nautical mile, zoned marine industrial.
    Property Profile Location Intelligence

    Current Use by Public Records

    * Indicates required fields Contractor Ben's General Contracting ... General Contractor Ben's General Contracting ... General Contractor REDLINE SERVICE CORPORATION Towing Service Triton Materials Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Nassau
    State
    New York
    Longitude
    -73.5825801
    Latitude
    40.6327254

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Freeport location, 2 units, 20 parking spaces.
    Where is this mixed-use property located?
    The property is located at 19 Suffolk St Freeport, NY.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: $1,400,000 asking price.; Mixed-use property with marine and office components.; Two units in a single, three-story building.
    Request Owner's contact information
    19 Suffolk St Freeport, NY 11520
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    Freeport, NY 11520
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19 Suffolk St Freeport, NY 11520
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