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106 Woodcleft Ave
Freeport, NY 11520
The Seaport Building · Office Property For Sale

Investment Highlights

  • Calling All Investors, Developers & End-Users!!! 5,316 Sqft. Restaurant Office Building For Sale Asking Only $127 Per Sqft.!!!
  • The Property Features 80+ Parking Spaces, A Private 15 Car Parking Lot, 3 Units, CAC, Excellent Signage, Great Exposure, +++!!!
  • The Owner Has Stated The Town Has Stated The Entire 1st Floor Can Be Turned Into A Restaurant
  • Located In The Heart Of Freeport On The Famous Nautical Mile 106 Woodcleft Ave.
  • Offered @ A Proforma 19.05 Cap This Property Offers HUGE UPSIDE Potential!
  • Net Income: $128,600 (19.05 Cap) (Proforma)

Property Facts

Property Type
Office
Building Size
5,600 SF
Building Class
B
Year Built/Renovated
1979/2013
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,800 SF
Slab To Slab
12’
Building FAR
0.68
Lot Size
0.19 AC
Zoning
464.1 Office Building
Parking
80 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Signage
  • Storage Space
  • Bicycle Storage
  • Natural Light
  • Secure Storage
  • Drop Ceiling
  • Wi-Fi
  • Air Conditioning

About 106 WOODCLEFT AVE , FREEPORT, NY 11520

Calling All Investors, Developers & End-Users!!! 5,316 Sqft. Restaurant Office Building For Sale Asking Only $127 Per Sqft.!!! Located In The Heart Of Freeport On The Famous Nautical Mile 106 Woodcleft Ave. The Property Features 80+ Parking Spaces, A Private 15 Car Parking Lot, 3 Units, CAC, Excellent Signage, Great Exposure, +++!!! Offered @ A Proforma 19.05 Cap This Property Offers HUGE UPSIDE Potential! The Owner Has Stated The Town Has Stated The Entire 1st Floor Can Be Turned Into A Restaurant. Income: 1st Floor (2,658 Sqft.): $90,372 (Avail) 2nd Floor Front Unit (1,500 Sqft.): $42,000 (Avail) 2nd Floor Rear Unit (1,000 Sqft.): $28,000 (Avail) Total Income: $160,000 (Proforma) Expenses: Fuel: $0 Electric: $0 Insurance: $4,500 Maintenance & Repairs: $250 Total Taxes: $26,090 Water: $450 Total Expenses: $31,400 Net Income: $128,600 (19.05 Cap) (Proforma)

Property Taxes

Property Taxes

Parcel Number
2009-62-174-00-0278-0
Land Assessment
$5,387
Improvements Assessment
$1
Total Assessment
$5,388
  • Listing ID: 18768378

  • Date on Market: 3/6/2020

  • Last Updated:

  • Address: 106 Woodcleft Ave, Freeport, NY 11520

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