494 S Ocean Avenue #1 L, Freeport, NY 11520
$289,000 · 2 bed · 1 bath · 500 sq ft · built 1950 · MLS# 1071713 · Active
Welcome to this beautiful, fully renovated and updated two-bedroom co-op located on the desirable first floor in Freeport. Offering approximately 500 square feet of comfortable living space, this unit features modern updates and a fresh, inviting atmosphere. Conveniently located near major highways, providing easy access to surrounding areas, and just a short drive to JFK International Airport. An excellent opportunity for comfortable and convenient living!
Co-ops in the Freeport Union Free School District sold for a median of $272,000 (typically $200,000–$360,000) across 59 recorded sales between Nov 18, 2025 and Nov 2, 2026, up 15.6% on the 12 months before. This home's $289,000 list price sits in the mid-market co-op tier for the Freeport Union Free School District.
ZIP 11520 has about 2.4 months of co-op inventory — seller's market. Demand is outpacing supply, so homes sell quickly with firm pricing and limited room to negotiate.
OneKey MLS (recorded LI sales, trailing 12mo) + actual tax

Listings courtesy of OneKey® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of November 8, 2026 7:15 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Co-op price trend · Freeport Union Free School District
Co-ops in the Freeport Union Free School District sold for a median of $272,000 across 59 recorded sales between Nov 18, 2025 and Nov 2, 2026, up 15.6% on the median of the 12 months before. This is a year-over-year comparison of recorded sales, not a forecast.
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Looking for off-market opportunities or a property attorney's read on this listing? Contact Joseph DeVito — Lic. R.E. Associate Broker + NY-licensed real estate attorney.
