Listed by Silber Investment Properties Ltd
$3,575,000
Mixed Use- Mineola, NY
Details
Property Type Retail, Mixed Use
Square Footage 7,600
Units 8
Cap Rate 6.50%
NOI $232,297
Occupancy 92.1%
Tenancy Multi
Lease Type Gross
Year Built 1927
Zoning B1
Investment Type Stabilized
Ground Lease No
Sale Condition 1031 exchange
Retail | 6.50% CAP | 7,600 SqFt
Marketing description
Mixed use property located at the SW corner of Jericho Turnpike (32,919 VPD) and Willis Ave (11,028 VPD). The majority of the residential tenants are long term tenants. Strong demographics with a population of over 172,780 people within a 3 mile radius. Located near Starbucks, Dunkin', 7 Eleven, McDonald's and more.
Investment highlights
- Silber Investment Properties is pleased to exclusively offer 143 Jericho Turnpike, Mineola, New York.
- This fully leased mixed-use investment property is strategically located at one of Long Island's busiest and most heavily trafficked intersections, providing exceptional visibility and long-term stability. The property consists of two ground-floor retail units and six spacious two-bedroom apartments, all currently occupied.
- The asset offers investors a rare opportunity to acquire a stabilized income-producing property in the heart of Mineola, a thriving Nassau County market with strong demographics, convenient transportation access, and continued demand for both residential and retail space.
- With its prime location, diverse income stream, and 100% occupancy, 143 Jericho Turnpike represents an attractive investment opportunity for both local and out-of-state investors seeking stable cash flow and long-term appreciation.
Listing Contacts
Listed by Silber Investment Properties Ltd
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$232,297.00
$19,358.08/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
Map
Zoning
B-1 CommercialGeneral CommercialBusiness
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View all 19 uses
View all 19 uses Last updated Apr 10, 2026 For deeper zoning details, reports are available at Zoneomics
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