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About the Listing RMXE01 - 217918,219144
Exceptional 4-lot commercial package featuring three established businesses plus a dedicated 16-space customer parking lot. Includes a 5,000 sq. ft. catering hall and two store fronts adding up to 2,500 sq. ft. (Texas Ranger Burger Joint + Pizzeria). Strong tenant stability with the pizzeria newly renewed for 10 years, Texas Ranger with 4 years remaining, and the catering hall secured for almost 8 years. Together, the property produces an approx. NOI of $157,888, delivering a 5.85% cap rate at a $2.7M list price. Located along the high-visibility Bayview/Atlantic Avenue corridor, this is a turnkey, cash-flowing investment in a strong commercial district.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Hot Air,Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partial
- Other:
- Water: Other
Exterior Details
- Lot Description: Back Yard,Corner Lot,No Waterfront
- Garage Capacity: N/A
- Parking Spaces: 16
- Roof:
- Others: Actual
- Sewer: Other
- Parking Features: On Street,Parking Lot
Financial Details
- Tax Amount: $43,000
- Taxes w/Assessments: N/A
- Tax/Property ID: 2009-62-140-00-0019-0
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
365 Atlantic Ave Freeport, NY 11520
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