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146 E 2nd St 4,200 SF Industrial Building Mineola, NY 11501 $1,600,000 ($380.95/SF) 6.25% Cap Rate
Investment Highlights
- Corner property - Very impressive office set up for any business - 6 Private parking spaces - Excellent location for most everything - Easy access to
Executive Summary
Great property and location - 100% high-end upgraded - ideal for a user and/or Investor.
PROJECTION:
Gross year Income 4,200sf @ 30 psf =$126,000
Expenses: Taxes 23,000 yr. Ins. 3,000 yr
Net Income:100,000 Net Yr.
Cap rate:6.25%
PROJECTION:
Gross year Income 4,200sf @ 30 psf =$126,000
Expenses: Taxes 23,000 yr. Ins. 3,000 yr
Net Income:100,000 Net Yr.
Cap rate:6.25%
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,600,000 | Lot Size | 0.14 AC |
| Price Per SF | $380.95 | Rentable Building Area | 4,200 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 6.25% | Year Built | 1955 |
| Sale Condition | Distress Sale | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 10’ |
| Building Class | C | ||
| Zoning | Commerical - Light Manufacturing Industria M Use Office Building | ||
| Price | $1,600,000 |
| Price Per SF | $380.95 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.25% |
| Sale Condition | Distress Sale |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.14 AC |
| Rentable Building Area | 4,200 SF |
| No. Stories | 1 |
| Year Built | 1955 |
| Tenancy | Single |
| Parking Ratio | 1/1,000 SF |
| Clear Ceiling Height | 10’ |
| Zoning | Commerical - Light Manufacturing Industria M Use Office Building |
Amenities
- Security System
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
- On-Site Security Staff
Utilities
- Lighting
- Water
- Sewer
- Heating
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Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Total Assessment | $9,151 | |
| Land Assessment | $3,389 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $5,762 | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$3,389
Improvements Assessment
$5,762
Total Assessment
$9,151
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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