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365 Atlantic Avenue
Freeport NY 11520 US

$2,499,000

Active Listing ID 497396
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Lot: 0.36 Acres
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$2,499,000

Active Listing ID 497396
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365 Atlantic Avenue Exceptional 4-lot commercial package featuring three established businesses plus a dedicated 16-space customer parking lot. Includes a 5, 000 sq. ft. catering hall and two store fronts adding up to 2, 500 sq. ft. (Texas Ranger Burger Joint + Pizzeria). Strong tenant stability with the pizzeria newly renewed for 10 years, Texas Ranger with 4 years remaining, and the catering hall secured for almost 8 years. Together, the property produces an approx. NOI of $157, 888, delivering a 5.85% cap rate at a $2.7M list price. Located along the high-visibility Bayview/Atlantic Avenue corridor, this is a turnkey, cash-flowing investment in a strong commercial district.

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Property Features

  • Facts
  • Lot Size: 0.36 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Floor Covering: Granite, Tile
  • Heating Fuels: Baseboard, Hot Water (Heating), Natural Gas

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2499000
  • unparsedaddress: 365 Atlantic Avenue
  • postalcity: Freeport
  • stateorprovince: NY
  • country: US
  • postalcode: 11520
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.36317722681359
  • lotsizeunits: Acres
  • lotsizearea: 0.363177
  • livingarea: 7014
  • livingareaunits: Square Feet
  • listagentfullname: Patrick S. Lennon
  • listagentemail: patrick@remaxedgeny.com
  • listagentkey: 3yd-BMLSNY-PSL7116
  • listagentmlsid: PSL7116
  • listagentpreferredphone: 7186123088
  • listagentofficephone: 7186123088
  • listofficekey: 3yd-BMLSNY-118210
  • listofficemlsid: 118210
  • disclaimer: Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: BMLSNY
  • yearbuilt: 1918
  • listagenturl: https://www.remaxedgeny.com/
  • constructionmaterials: Brick, Stone
  • flooring: Granite, Tile
  • heating: Baseboard, Hot Water (Heating), Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Womcore LLC dba Remax Edge", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"patrick@remaxedgeny.com", "ListBrokerageCity":"Brooklyn", "ListBrokerageCountry":"US", "ListBrokerageEmail":"contact@remaxedgeny.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Womcore LLC dba Remax Edge", "ListBrokeragePhone":"(718) 612-3088", "ListBrokeragePostalCode":"11214", "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1812 Bath Avenue", "ListBrokerageWebsiteUrl":"https://www.remaxedgeny.com/", "ListOfficeAddress1":"1812 Bath Ave", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Brooklyn", "ListOfficeCountry":"US", "ListOfficeEmail":"michaelnapolitano@remaxedgeny.com", "ListOfficePostalCode":"11214", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Freeport, NY", "ListingURL":"https://listings.listhub.net/pages/BMLSNY/497396/?channel=rexren", "MLSModificationTimestamp":"2026-01-02T15:37:15Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Commercial", "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/2/2026 11:01:50 PM GMT
Source Updated Date: 1/8/2026 8:45:15 AM GMT

Courtesy of: Patrick S. Lennon, RE/MAX Edge, patrick@remaxedgeny.com

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.