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Investment Highlights

• Mixed use property located at the SW corner of Jericho Turnpike (32,919 VPD) and Willis Ave (11,028 VPD)
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• Strong demographics with a population of over 172,780 people within a 3 mile radius

• The majority of the residential tenants are long term tenants

Executive Summary

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.

Attachments

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

7,000 SF

Building Class

C

Year Built

1927

Price

$3,575,000

Price Per SF

$510.71

Cap Rate

6.50%

NOI

$232,297

Percent Leased

100%

Tenancy

Multiple

Building Height

2 Stories

Building FAR

1.79

Lot Size

0.09 AC

Zoning

B1 - Business District & Jericho Turnpike Overlay District allow for vertical expansion, making this an excellent opportunity for mixed-use development

Frontage

Major TenantsClick Here to Access

• Tenant
• Industry
• SF Occupied
• Rent/SF
• Lease Type
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• Lease End

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