Updated Oct 2, 2026
Angelo Sacco Acquires Industrial Property At 27 Hanse Avenue In Freeport For $1,735,000
27 Hanse Avenue
$1,735,000
$281/SF
Building Size
6,160 SF
Asset Type
Industrial
Closing
Sep 14, 2026
About this deal
AI
The industrial property located at 27 Hanse Avenue in Freeport has been sold for a transaction amount of $1,735,000. The property encompasses a total square footage of 6,160, resulting in a price per square foot of $281.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,735,000
- Address: 27 Hanse Avenue
- Market: Freeport
- Square Footage: 6,160
- Price per Square Foot: $281
- Buyer: Angelo Sacco
- Seller: New Millennium
- Seller's Representative: Tom Bigansky - North Village Realty
Tom Bigansky, representing the seller, noted that North Village Realty specializes in South Shore commercial real estate. This transaction marks one of the highest prices per square foot for an industrial property in Freeport in recent years.
On the Map
$1,735,000
$281/SF
Industrial
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Freeport Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.14%
Cash-on-Cash
-2.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93