Wharfside Condos in Freeport (Ovid: for sale, neighborhoods, buying)

[fitgirl24]

Hello Everyone,
I'm interested in a 1 bedroom condo that is for sale in Wharfside in Freeport. I grew up on Long Island and I'm familiar with the Nautical Mile and Freeport but not specifically that condo complex, and it's been awhile since I spent any time there. The condo is $299,000 for a 1 bedroom, 731 sq feet on the first floor. I was here for Sandy so I understand the risk. Several other ones just came on the market this week which makes me wonder if owners are getting out while they can.

Here are my thoughts - I haven't been in and around Freeport since before Covid. I've noticed a big change in the Nautical Mile. It looks like a ghost town and a little run down. I'm afraid to pull the trigger and commit to buying because I feel like I may never recoup my investment if the town goes further downhill. Do you think the restaurant scene will make a comeback and the Nautical Mile will again be know as a tourist destination?

The complex is gated so I feel somewhat safe, but I doubt I could go strolling around the waterfront area alone at night.

This is a big investment for me and as much as I want my own place, I can't seem to sign on the dotted line. Help.

[Interlude]

It’s been declining for decades, well before Covid. What indicators do you see that it will improve anytime soon, other than wishful thinking?

[Jdawg8181]

Well I don't think the Nautical Mile will be a 'tourist destination' or that it ever was, but I like it. COVD did a number on virtually ALL restaurants - there are still people who refuse to eat out. It will be a while before we fully recover. I do think the Nautical Mile will come back. It's not just restaurants & bars ... there's ice cream, mini golf and fish markets but all businesses for the most part have taken a beating with COVID.

My personal opinion is that I would buy it if you like it.

I don't necessarily think people are trying to get out of that complex per se, ppl are trying to get out of NY period b/c they're priced out.

[scampy25]

As a former youngish person who used to frequent the nautical mile, the element was declining over the last decade, I don't think this a Covid thing. I also have 3 girlfriends who live on the water there, 2 on a canal. It seems like a nice enough area, but some of their neighbors leave something to be desired. I wouldn't feel unsafe walking at night in any of their neighborhoods, but I certainly wouldn't on merrick or sunrise.