240 Roosevelt Avenue, Freeport, NY 11520

$419,000 · 4 bed · 1 bath · 1,131 sq ft · built 1947 · MLS# 1066309 · Active

Great opportunity for investors, contractors, and buyers looking to bring a property back to life! This 4-bedroom, 1-bath home is being sold AS IS and offers plenty of potential for renovation, customization, and future value. Bring your vision and creativity to transform this property into something special. Bring your tools and your imagination! Opportunities like this are perfect for buyers looking for their next project in Freeport. Cash Only! Hold Harmless form must be signed prior to viewing. Taxes include Village Tax.

Single-family homes in the Freeport Union Free School District sold for a median of $690,000 (typically $595,000–$760,000) across 159 recorded sales between Oct 17, 2025 and Oct 1, 2026, up 7.8% on the 12 months before. This home's $419,000 list price sits in the entry single-family tier for the Freeport Union Free School District.

ZIP 11520 has about 4.1 months of single family inventory — balanced market. Supply and demand are roughly even, so buyers and sellers share leverage with fair, predictable pricing.

At about $9,319 a year, this home's property tax runs roughly 22% below the $12,000 typical for Freeport Union Free School District. Nassau assessments run on a multi-year cycle, so the assessed value behind this bill can lag what the home actually sells for today. A sale does not automatically reset it, and exemptions such as STAR, Senior or Veteran move the number as well — a new owner's bill is often not the same as the seller's.

OneKey MLS (recorded LI sales, trailing 12mo) + actual tax