NY
Nassau
Freeport
11520
365 Atlantic Avenue
365 Atlantic Avenue, Freeport, NY 11520
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Listing Type
Commercial/Industrial
Listing Status
Active
46
$2,700,000

Home Details for 365 Atlantic Avenue

Price
$2,700,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1918
Lot size acres
0.2374
County
Nassau
Garage
Basement
Partial
Days on site
0
MLS Listing#
935684
Property Description

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.

Property Features
  • Heating Information
    • Baseboard
    • Hot Water
  • Parking
    • On Street
    • Parking Lot
  • Cooling Information
    • None
  • Water Features
    • Other
  • Utilities
    • See Remarks
  • Basement
    • Partial
Listing Courtesy: RE/MAX Edge - 718-288-3835
Presented by: Patrick Lennon
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 OneKey MLS. All Rights Reserved
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from OneKey MLS.
EXIT REALTY UNITED
1603 Hempstead Turnpike, Elmont, NY 11003
Office
516 352 4600
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