Mixed-Use Building in Mineola

114 Jericho Turnpike, Mineola, NY

$969,000

Price

4.78%

Cap Rate

$46,314

NOI

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Street
Map
Overview
Cap Rate
4.78%
NOI
$46,314
Building Size
2,144 sqft
Lot Area
3,520 sqft
Occupancy
85%
Units
3
Year Built
1939
Price Per Sqft
$452
Zoning
Commercial
Tenancy
Multiple
Floors
2
Gross Leaseable Area
2144
Investment Strategy
Opportunistic
Description

At this location is a mixed-use building with one retail space and two residential spaces. This property is ideal for a developer or an owner-user. This property is surrounded by various other neighborhood retail and amenities and it also experiences high traffic counts on Jericho Tpke.

Highlights
  • For Sale: Mixed-Use Building in Mineola, NY
  • (1) Retail Space, (2) Residential Spaces, (1) Garage Space
  • Current Residential Tenants are Month to Month
  • Ideal for a Developer or an Owner-User
  • Potential Rental Opportunity from the Garage Space
  • High Traffic Counts on Jericho Tpke: 32,919 Cars Per Day
  • Surrounded by Various Neighborhood Retail & Amenities
  • Close Proximity to Various Ways of Transportation such as Willis Ave, Mineola Blvd, Roslyn Rd, Hillside Ave, the Northern State Pkwy, & More
Documents
Title
Mineola__114_Jericho_Tpke__Offering_Memorandum_.pdf
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Location
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