Steven Epstein 6314211000

70 S Main St 5,000 SF Office Condo Unit Offered at $1,450,000 in Freeport, NY 11520

PROPERTY FACTS

Total Building Size	5,000 SF	Typical Floor Size	3,198 SF
Property Type	Retail (Condo)	Year Built	2005
Property Subtype	Storefront Retail/Residential	Lot Size	0.16 AC
Building Class	B	Parking Ratio	2/1,000 SF
Floors	4

Total Building Size	5,000 SF
Property Type	Retail (Condo)
Property Subtype	Storefront Retail/Residential
Building Class	B
Floors	4
Typical Floor Size	3,198 SF
Year Built	2005
Lot Size	0.16 AC
Parking Ratio	2/1,000 SF

1 UNIT AVAILABLE

Unit 1

Unit Size	5,000 SF	Sale Type	Investment
Price	$1,450,000	Cap Rate	5.50%
Price Per SF	$290.00	NOI	$79,700
Condo Use	Office

Unit Size	5,000 SF
Price	$1,450,000
Price Per SF	$290.00
Condo Use	Office
Sale Type	Investment
Cap Rate	5.50%
NOI	$79,700

SALE NOTES

High ceilings and three walls of windows, leased through May 2021 to Corporation of the
Presiding Bishop of the Church of Jesus Christ of Latter Day Saints, a Utah Corp., paved walkway
from municipal parking lot in rear to Main Street, abundant parking, walking distance to LIRR,
located between Sunrise Hwy & Merrick Rd. Prime State-Of-The-Art new construction.
Total Income: $139,700
Expenses: $60,000
NOI: $79,700
CAP Rate: 6.4%

Brochure

TRAFFIC

COLLECTION STREET	CROSS STREET	TRAFFIC VOLUME	YEAR	Distance
South Main Street	Newton Blvd, NW	4,591	2025	0.01 mi
S Main St	Newton Blvd, NW	4,616	2024	0.02 mi
Church Street	Pine St, NW	573	2025	0.05 mi
Church St	Pine St, NW	4,084	2023	0.06 mi
Henry St	Sunrise Hwy, SE	20,894	2023	0.08 mi
CR D13	Newton Blvd, NW	12,574	2024	0.08 mi
Henry Street	Newton Blvd, NW	13,238	2023	0.08 mi
E Merrick Rd	Henry St, E	23,319	2024	0.11 mi
Henry Street	Sunrise Hwy, SE	20,740	2025	0.12 mi
North Main Street	Church St, NW	6,774	2025	0.12 mi