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70 S Main St 5,000 SF Office Condo Unit Offered at $1,550,000 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 | $1,550,000 | Cap Rate | 5.14% |
| Price Per SF | $310.00 | NOI | $79,700 |
| Condo Use | Office |
| Unit Size | 5,000 SF |
| Price | $1,550,000 |
| Price Per SF | $310.00 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 5.14% |
| NOI | $79,700 |
DESCRIPTION
Property Characteristics:
- 5,000 sq.ft. 1st fl. floor with high ceilings and three walls of windows
- Formerly leased to Jesus Christ Latter Day Saints Church.
- 4 Separate Entrances – Front, Rear & Side
- Paved walkway from municipal parking lot in rear to Main Street
- Abundant parking
Available June 2026
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%
Walk Score®
Walker's Paradise (92)
MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Church Of Jesus Christ of Latter Day Saints |
5,000 SF
|
May 2026
|
| Brook Valley Kydaha Inc |
500 SF
|
-
|
NEARBY MAJOR RETAILERS
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70 S Main St
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