Brick Office
For Sale
$2,300,000
Pending
95 Pine Street, Freeport, NY 11520
Commercial Sale, Freeport, NY
Property Size10,400 SF
Days on Market315
Property Features for 95 Pine Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Basement
Full, Finished
Standard status
Pending
Taxes and HOA fees
Tax Year
2025
Utilities
Sewer type
Public Sewer
Heating system
Oil
Cooling system
Central Air
Water source
Public
Amenities
parking lot
Building Details
Floors in Building
2
Building materials
Brick
Listing Agency:
Becker Realty Services Inc
(516) 887-0677
Listed By:
Mary Kennedy · License #10401282875
(516) 697-9529
Added: Nov 25, 2025
Changed: Oct 5
Last Checked: Oct 6 at 6:06AM
MLS# 939073
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.
Investment Insights
Based on property information with market context.
This 10,400 sq.ft. office building is constructed with brick and includes a basement, central air conditioning, and oil heating. Public water and public sewer serve the property, while an attached parking lot provides on-site parking.
The property is within walking distance of schools, local businesses, and public transportation in Freeport. Its combination of office space, support areas, building systems, and parking provides a practical configuration for commercial or community-oriented occupancy.
The property is within walking distance of schools, local businesses, and public transportation in Freeport. Its combination of office space, support areas, building systems, and parking provides a practical configuration for commercial or community-oriented occupancy.
Key Highlights
- 10,400 sq.ft. office building
- Brick construction with basement space
- Central air conditioning and oil heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$178,832
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,576,640
$3.6M
Cap Rate 7%
$2,554,743
$2.6M
Cap Rate 9%
$1,987,022
$2.0M
Market Conditions
NOI Build-Up for 10,400 SF
Gross rent
$290.8K $27.96/SF
− Vacancy
−$52.3K −$5.03/SF
EGI
$238.4K $22.93/SF
− OpEx
−$59.6K −$5.73/SF
NOI
$178.8K $17.20/SF
Area
Nassau County, NY
Vacancy
18.00%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,576,640
Cap Rate 7%
$2,554,743
Cap Rate 9%
$1,987,022
Alternative Uses
Best Use
Office B
$2.55M
$2.24M – $2.98M
NOI $178,832 @ 7.0% cap · market cap 7.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.88M
$6.02M – $8.02M
NOI $481,338 @ 7.0% cap · market cap 20.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,167
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Office property with attached parking, basement space, and central air conditioning.
Where is this office building located?
The property is located at 95 Pine Street Freeport, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 10,400 sq.ft. office building; Brick construction with basement space; Central air conditioning and oil heating
