COMMERCIAL REAL ESTATE INVESTMENT OPPORTUNITY

69 EAST JERICHO TURNPIKE

Mineola, New York 11501

OFFERING PRICE: $4,350,000

PROPERTY STATUS: FOR SALE
PROPERTY TYPE: PROFESSIONAL OFFICE / COMMERCIAL
PRESENTED BY: GLOBAL CAPITAL SERVICES LLC

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1. INVESTMENT OVERVIEW

Global Capital Services LLC is pleased to present an opportunity to acquire a substantial commercial office building strategically located along East Jericho Turnpike in Mineola, New York.

This property offers approximately 16,000 square feet of professional office space across two floors, with 25 dedicated surface parking spaces.

Its prominent location along one of Long Island's major commercial thoroughfares provides excellent visibility, accessibility, and potential for a variety of professional and commercial uses.

2. PROPERTY SPECIFICATIONS

Property Detail	Description
Address	69 E Jericho Turnpike
City	Mineola, NY 11501
Asking Price	$4,350,000
Building Size	16,000 SF
Number of Floors	2
Floor Area	8,000 SF each
Year Built	1973
Zoning	B-1 Business
Parking	25 dedicated spaces
Gas	One meter
Property Type	Office / Commercial

3. LOCATION ADVANTAGES

The property is conveniently located near:

• NYU Langone Medical Center

• Mineola Courthouses

• Mineola Long Island Rail Road station

• Major Long Island highways

• Established commercial and professional businesses

The East Jericho Turnpike location provides exposure to eastbound and westbound traffic.

4. POTENTIAL BUSINESS AND INVESTMENT USES

According to the listing description, B-1 zoning allows several uses, including certain retail, service-industry, and medical uses as of right.

Potential investment strategies include:

• Medical and healthcare professional offices.

• Multi-tenant professional office leasing.

• Retail and service businesses, subject to zoning.

• Corporate headquarters.

• Professional service and administrative offices.

All proposed uses should be independently verified with the Village of Mineola and applicable authorities.

5. INITIAL ACQUISITION ANALYSIS

Asking Price: $4,350,000

Price Per Square Foot:

$4,350,000 ÷ 16,000 SF = $271.88 per SF

This provides an initial basis for evaluating the acquisition against comparable commercial properties in Mineola and surrounding Nassau County markets.

Before determining investment returns, the buyer should review:

• Current rent roll and occupancy.

• Existing tenant leases.

• Annual property taxes.

• Insurance and operating expenses.

• Utilities and maintenance costs.

• Building condition and capital improvements.

• Potential rental income and market lease rates.

6. BUYER DUE DILIGENCE

A complete offering memorandum and supporting documentation should be obtained, including:

1. Current financial statements.

2. Existing leases and tenant information.

3. Three years of operating expenses, if available.

4. Property tax bills.

5. Certificate of occupancy.

6. Survey and site plan.

7. Zoning verification.

8. Environmental and engineering reports.

9. Roof, HVAC, electrical, and plumbing condition.

10. Confirmation of all 25 parking spaces.

7. INVESTMENT POSITION

This offering provides an opportunity to acquire a substantial commercial property in the Mineola business district.

The acquisition price, operating income, tenant occupancy, and potential alternative uses will be important factors in determining the property's investment value.

Global Capital Services LLC welcomes inquiries from qualified investors and commercial property buyers interested in reviewing this opportunity.

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GLOBAL CAPITAL SERVICES LLC

Paulo Pereira
Real Estate Investment & Property Advisory
Charles Rutenberg Realty
Phone: 516-526-9499
Email: mystatebroker@gmail.com