143 Jericho TpkeMineola, NY 11501

Property Details for 143 Jericho Tpke

Year built

1927

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.09 AC

Property size (Sq ft)

3,165 SF

Property type

Retail space

APN

09-405-00-0101

APU

9405000101

Description

This newly renovated 1,800 square foot retail space at 143 Jericho Turnpike in Mineola, NY (zip code 11501) is available for immediate occupancy. The property boasts a prime storefront location on a busy commercial block, offering excellent visibility and signage opportunities. The open floor plan is ideal for a variety of retail businesses. Key features include a brand new, ADA-compliant bathroom on the first floor and a spacious 1,500 square foot full basement with a half bath. This location benefits from excellent demographics, being situated in a densely populated area with convenient access to public transportation, including multiple bus stops and proximity to the Long Island Rail Road (LIRR). The high foot traffic is further enhanced by its location across the street from a Starbucks. Ample street parking is available for customers and employees. This exceptional property is currently vacant and also available for purchase. This is a fantastic opportunity for businesses seeking a prominent location with a strong community presence.

• CAP approach

  CAP return

  Valuation

  6%

  $769,206

  6.5%

  $710,036

  7%

  $659,319

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,042,118

  Geo Method

  $1,042,118

• Alternative Use

  Use

  Valuation

  Residential

  $598,942

  Hospitality

  $548,627

  Educational

  $456,452

  Medical

  $472,150

  Retail

  $710,036

Location Insight

City

Mineola

County

Nassau

State

New York

Latitude

40.7489

Longitude

-73.6411

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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