Financial
Distress signals
Property profile

391 Main St Freeport, NY 11520

OFF-MARKET
Retail space
Property ID
US63-5997236
3,792 SF 0.14 ac lot Built 1958
Last sale Feb 2025 · $1,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail space located within a strip shopping center with approximately 20,000 square feet of gross leasable area. The center is situated at the intersection of Atlantic Avenue and South Main Street, providing access toward Sunrise Highway, and includes parking for approximately 84 vehicles. Tenant occupancy in the center has included businesses such as Subway, Fred Chall Marine Supply, and Montana's Pizza. The specific retail unit is 1,200 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$5k
Assessed land$2k
Assessed improvement$3k
Effective rate229.05%

Value estimate

· Sep 2026
$1.05M
$945k – $1.16M
AI approach$970k
CAP approach$1.16M
Submarket $/SF estimate$1.02M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$330/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$268 – $436
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNASSAU

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency40.5
Law Firm26.5
Gym & Fitness16.0

Location

391 Main St Freeport, NY 11520-1250
County assessor Recorded deeds · 4 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
155 Merrick, Freeport, NY 11520-3743 $2,369,000 Jan 2025 2,400 SF
124-126 Main, Freeport, NY 11520 $738,900 Oct 2024 2,267 SF
80 Main, Freeport, NY 11520-3856 $1,200,000 Jul 2023 3,951 SF
63-65 Buffalo, Freeport, NY 11520 $1,600,000 Dec 2022 2,790 SF
365 Sunrise, Freeport, NY 11520-3120 $635,000 May 2022 2,222 SF
98-100 Main, Freeport, NY 11520 $875,000 Sep 2021 2,699 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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