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160 Jericho Tpke 1,500 SF Retail Building Mineola, NY 11501 $1,956,001 CAD ($1,304.00 CAD/SF) 10% Cap Rate



Executive Summary
Excellent opportunity in the heart of Mineola, A well-established deli and catering business with 30 years of successful operation is available, including both the business and the building. Located in a high-traffic area, this property offers strong income potential. Possible second floor built out with proper permits. The current owners are retiring, presenting a great opportunity for a new owner to take over the building and a thriving operation. The business was voted one of the best sandwiches on Long Island. Delivery service or third-party platforms ( Grubhub/Uber Eats) currently not in place, offering immediate upside potential for increased revenue. Call the agent for more information on Financial.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,500 SF
Year Built
1931
Price
$1,956,001 CAD
Price Per SF
$1,304.00 CAD
Cap Rate
10%
NOI
$195,600 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.87
Lot Size
0.04 AC
Zoning
B3 - Mixed use. apartments can be built on the second floor with proper permit.
Frontage
20’ on Jericho Tpke
Walk Score®
Very Walkable (88)
Nearby Major Retailers
Property Taxes
| Parcel Number | 2223-09-322-00-0020-0 | Improvements Assessment | $1,966 CAD |
| Land Assessment | $954 CAD | Total Assessment | $2,920 CAD |
Property Taxes
Parcel Number
2223-09-322-00-0020-0
Land Assessment
$954 CAD
Improvements Assessment
$1,966 CAD
Total Assessment
$2,920 CAD
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160 Jericho Tpke
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