For Sale
Freeport, NY
Commercial Real Estate Market Trends & Data
$457
Avg asking sale price
$31
Avg asking lease rate
3,360 SF
Avg unit lease size
6,822 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{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Freeport | $633 | 4,147 SF | 11.02% |
| North Baldwin | $740 | 3,863 SF | 11.02% |
| Merrick | $699 | 3,013 SF | 11.02% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Freeport | $341 | 8,314 SF | 11.02% |
| North Baldwin | $501 | 6,549 SF | 11.02% |
| Merrick | $309 | 10,416 SF | 11.02% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Freeport | $450 | 7,677 SF |
| North Baldwin | $344 | 7,539 SF |
| Baldwin | $305 | 9,903 SF |
| Merrick | $489 | 7,628 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.
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
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 | $457 | 6,822 SF |
| North Baldwin | $445 | 6,715 SF |
| Baldwin | $381 | 8,349 SF |
| Merrick | $503 | 6,189 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.
Nearby Market Trends
