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Mineola 11501 Mineola
121 E Jericho Turnpike
$1,999,999
Commercial - In Contract

121 E Jericho Turnpike

Mineola, NY 11501
bedrooms
Studio
bathrooms
0 Bath
$12,488
Estimated Monthly
$0
HOA / Fees
-0.48%
Cap Rate

About This Property

Mineola. Mixed use commercial space with storefront and 10 parking spots. Located on Jericho Tpke
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$2,667
HOA Dues
-
Year Built
1963
Listed By
J Billee Spodek
Douglas Elliman Real Estate
Last updated: 16 days ago (OneKey MLS #ONE3500925)

Price History

Date / Event Date Event Price
Dec 29, 2023 In contract -
In contract
Oct 31, 2023 Price Decreased $1,999,999
↓ $200K (9.1%)
Price Decreased
Oct 5, 2023 Price Decreased $2,200,000
↓ $95K (4.1%)
Price Decreased
Aug 29, 2023 Listed by Douglas Elliman Real Estate $2,295,000
Listed by Douglas Elliman Real Estate

Property Highlights

Exterior Details

Property Information

Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1963

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Acres: 0.16
Lot Size Square Feet: 7040
Lot Size Dimensions: 80x88
Financial Details
Tax Annual Amount: $32,000

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Finished/painted materials
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,040
  • Lot Size Depth Feet: 88
  • Lot Size Frontage Feet: 80
  • Total Building Area: 4,740
  • Gross Building Area: 4,740
  • Building Area: 4,740
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: MAP OF PROPERTY SITUATATED AT MINEOLA
  • Land Acres: 0.162
  • Standard Land Use Code: Store/office (mixed use)
  • Legal Description 1: TOWN #2 SCH DIST 010

Ownership

  • Current Owner : K & L JERICHO TURNPIKE LLC
  • Previous Owner : 121 EAST JERICHO TURNPIKE LLC
  • Owner Before Previous Owner: STIENE JOHN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Mineola Union Free School District
  • School Tax School District: 010
  • School Tax District Code 2: MI
  • Census Tract: 303700

Geography

  • District: 282223
  • Section: 9
  • Parcel: 09-267-00-0001
  • Block: 267
  • Lot: 1
  • Municipality: MINEOLA
  • Latitude: 40.7526
  • Longitude: -73.63

    Address

  • Full Address: 121 E Jericho Tpke
  • Address - House Number: 121
  • Street Direction: E
  • Address - Street Name: Jericho
  • Address - Suffix Type: Tpke
  • State: NY
  • City Name: Mineola
  • Carrier Code: C011
  • 4-Digit Zip Code: 2031
  • Zip Code: 11501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $32,681
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 702

    Market Valuation

  • Market Total Value: $596,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,967
  • Assessed Land Value: $2,851
  • Assessed Improvements Value: $3,116

    Sales

  • Current Sale Contract Date: Dec 21, 2017
  • Current Sale Recording Date: Dec 29, 2017
  • Current Sale Transaction ID: 11448954472
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017-129087
  • Previous Sale Recording Date: Jan 27, 2014
  • Previous Sale Contract Date: Jan 13, 2014
  • Previous Sale Amount: $675,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: JOHN STIENE
  • Previous Mortgage Transaction Date: Jan 27, 2014
  • Previous Mortgage Loan Amount: $375,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4 Baths
-
$1,600,000 Sep 1, 2020
$1,600,000 Feb 26, 2021
-
Multifamily
6 Beds
7 Baths
-
$1,810,000 Jan 28, 2021
$1,810,000 Jun 18, 2021
$2,928/mo
Multifamily
10 Beds
6 Baths
-
$1,625,000 Sep 7, 2020
$1,625,000 Dec 10, 2020
$2,726/mo
House
Stu
-
-
$1,850,000 Jul 13, 2023
-
$2,645/mo
In Contract
House
3 Beds
3 Baths
-
$1,650,000 Sep 24, 2023
-
$2,242/mo

About Mineola


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Frequently Asked Questions

When was property at 121 East Jericho Turnpike built and last sold?
The property at 121 East Jericho Turnpike was built in 1963 and last sold on Dec 21, 2017 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 121 East Jericho Turnpike is $2,019,999.
What are some comparable homes to 121 East Jericho Turnpike?
Homes that are comparable to 121 East Jericho Turnpike include a house property at 171 Hillside Avenue, 405 Congress Avenue, 392 Roslyn Road.

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