Freeport, NY
Commercial Real Estate Market Trends & Data

$443 Avg asking sale price
$211 Avg asking lease rate
4,673 SF Avg unit lease size
7,198 SF Avg building size for sale
7.29% Average cap rate

Freeport's Demographic Profile

Freeport has 13,472 households and a median income of $101,660, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 44,390
# Households 13,472
Median age 40
Median household income $101,660
Avg household size 3.0
Renter-occupied housing units 4,573
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Freeport, NY

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Freeport $369 5,354 SF 11.02%
North Baldwin $399 5,531 SF 11.02%
Merrick $337 4,257 SF 11.02%
Bellmore $564 6,750 SF 8.21%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Freeport $372 8,153 SF 11.02%
Merrick $309 10,416 SF 11.02%
Nearby Retail Markets Avg Cost/SF Typical Size
Freeport $519 8,096 SF
North Baldwin $420 8,432 SF
Baldwin $408 13,413 SF
Merrick $528 8,142 SF
Roosevelt $486 6,734 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Freeport $404 9,650 SF 5.70%
Garden City $246 14,250 SF 5.31%
Mineola $246 14,250 SF 5.31%

Commercial Properties For Sale in Freeport

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

19 Suffolk St

Freeport, NY 11520

  • 5,098 SF Office Building
  • 11.02% Cap Rate
  • $1,500,000
For Sale

1 Lansdowne Ave

Merrick, NY 11566

  • 2,200 SF Retail Building
  • $950,000
For Sale

Green Art Plumbing

Baldwin, NY 11510

  • 4,757 SF Industrial Building
  • $3,100,000
For Sale

174 Merrick Rd

Merrick, NY 11566

  • 1,180 SF Retail Building
  • $745,000
For Sale

168 Atlantic Ave

Freeport, NY 11520

  • 3,034 SF Retail Building
  • $4,000,000
For Sale

1.15 Acre (50,000sf) Waterfront Property/Lot

Freeport, NY 11520

  • 1.15 AC Lot
  • 1 Industrial Lot
  • $1,899,999

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Freeport pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Freeport $443 7,198 SF
North Baldwin $419 7,384 SF
Baldwin $396 9,340 SF
Merrick $436 6,870 SF
Baldwin Harbor $385 6,521 SF

Regional Demographic Comparison

This comparison places Freeport alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Freeport or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Freeport 44,390 13,472 40 $101,660 3 4,573 -1%
North Baldwin 33,505 10,557 42 $130,271 3 1,732 -2%
Baldwin 24,555 7,629 42 $132,058 3 1,475 -3%
Merrick 22,003 7,389 44 $170,589 3 469 -1%
Baldwin Harbor 8,188 2,647 43 $120,363 3 230 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Freeport, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Freeport

View All Commercial Real Estate For Sale in Freeport
Is Freeport a good market for a first-time commercial real estate investor?

Freeport offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Freeport?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Freeport. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Freeport?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Freeport. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Freeport compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Freeport. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Freeport acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Freeport, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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