1551 Kellum Pl - Office FOR SALE


Mineola, NY 11501
$1,895,000 USD
631-858-2470
1551 Kellum Pl, Mineola, NY for Sale
$1,895,000 USD
Office - FOR SALE
1/43
null | Request Cap Rate

1551 Kellum Pl
Mineola, NY 11501


HIGHLIGHTS

  • Next to the Nassau County Clerks Office
  • Walking distance to Nassau County Courts & Mineola LIRR
  • Close to Restaurants, Retail, Banks and more!

OVERVIEW

Presenting a prime investment / end user opportunity in Mineola, NY with upside potential! This +/- 6,500 SF building was constructed in 1954, and is zoned CO-4. This sought-after property, with 60% occupancy, presents a compelling opportunity for office building investors and end users. Conveniently located next to the Nassau County Clerk's Office and administration building and Nassau County Courthouses. This property currently has approximately $68,000 in Net Income as currently occupied, an additional +/-2,235 SF (more can be made available) is vacant and can add an additional $74,000 in income if the vacant space is rented or can be occupied by new owner; Great Add Value! Don't miss the chance to capitalize on this opportunity and position yourself for strong returns in the dynamic Mineola/Garden City area.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$240 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

CO-4

APN/PARCEL ID

2011-34-D-00-0359-0

ASK ABOUT THIS PROPERTY

Christopher PesceDouglas Elliman CommercialMore Info
631-858-2470

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Christopher PesceDouglas Elliman CommercialMore Info
631-858-2470

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.