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Financial
Distress signals
Property profile

23 Woodcleft Ave Freeport, NY 11520

OFF-MARKET
Turn key restaurants
Property ID
US63-2921337
2,764 SF 0.09 ac lot Built 2003
Last sale Jan 2020 · $815,000
Individually Owned Owner of record is an individual. 26-yr Hold Held for 26 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a thriving, 6,910 square foot restaurant and bar situated on Freeport's Nautical Mile at 23 Woodcleft Ave, Freeport, NY 11520. The property, built in 2003, boasts a Class B designation and features three stories within a 9,100 square foot lot. Currently operating at 100% occupancy, this single-tenancy establishment generates a substantial net operating income (NOI) of $168,000, yielding a compelling 5.42% cap rate. …

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.

Debts

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?
$9k
Tax billed · 2023
Assessed value$2k
Assessed land$2k
Assessed improvement$1
Effective rate397.11%

Value estimate

· Oct 2026
$1.15M
$1.03M – $1.26M
AI approach$540k
Submarket $/SF estimate$965k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$888/SF
County average, outlier-cleaned · 97 recorded sales of this use type
Observed band · Q1–Q3$349 – $1,547
Qualifying comparables6

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 agency17.4
Law Firm12.6
Clothing Store10.6

Location

23 Woodcleft Ave Freeport, NY 11520-6129
County assessor Recorded deeds · 6 transfers 6 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 · 14 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
340 Woodcleft, Freeport, NY 11520-6338 $1,975,000 Jul 2024 2,625 SF
168 Guy Lombardo, Freeport, NY 11520 $1,650,000 Apr 2024 3,034 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
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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