Industrial Warehouse with Cold
For Sale
$4,999,999
131 Liberty Ave, Mineola, NY 11501
Industrial warehouse offering freezer space, freight elevator service, loading access, and owner-user occupancy potential.
Property Size23,733 SF
Lot Size0.34 Acres
Price / SF$210.68
Days on Market49
Property Features for 131 Liberty Ave
General Information
Standard status
Active
Size
23,733 SF
Total Parking Spaces
2
Lot size
0.34 Acres
Property subtype
Commercial
Warehouse & Industrial
Dock-High Doors
1
Drive-In Doors
1
Cold Storage
Yes
Cold Storage Area
3,800 SF
Freezer
3,800 SF
Taxes and HOA fees
Annual Taxes
$96,000
Building Details
Year Built
1958
Buildings
1
Stories
2
Building Size
23,733 SF
Listing Agency:
Apple Realty Group Corp
(718) 841-9292
Listed By:
Raymond C. Wong (raymond.goldencoast@gmail.com)
(631) 321-0100
Source:
Nextlevelhomesgroup
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 28 at 7:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Apple Realty Group Corp
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Investment Insights
Based on property information with market context.
This industrial warehouse comprises approximately 23,733 square feet across two levels, with 13,049 SF on the first floor and 10,665 SF on the second floor. Improvements include a freight elevator, one loading dock, one drive-in door, and approximately 3,800 square feet of freezer and cold storage area. The building was constructed in 1958 on a 15,000-square-foot industrial-zoned parcel.
Approximately 8,000 square feet is currently owner-occupied and will be delivered vacant at closing, including freezer infrastructure. The remaining space includes long-term tenants and in-place income. Located at 131 Liberty Ave in Mineola, the property serves both warehouse users requiring cold-storage capability and investors evaluating a multi-tenant industrial building.
Approximately 8,000 square feet is currently owner-occupied and will be delivered vacant at closing, including freezer infrastructure. The remaining space includes long-term tenants and in-place income. Located at 131 Liberty Ave in Mineola, the property serves both warehouse users requiring cold-storage capability and investors evaluating a multi-tenant industrial building.
Key Highlights
- Approximately 23,733 square feet across two floors
- 15,000‑square‑foot industrial‑zoned parcel
- Approximately 3,800 square feet of freezer/cold storage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$412,433
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,248,660
$8.2M
Cap Rate 7%
$5,891,900
$5.9M
Cap Rate 9%
$4,582,589
$4.6M
Market Conditions
NOI Build-Up for 23,733 SF
Gross rent
$521.2K $21.96/SF
− Vacancy
−$36.0K −$1.52/SF
EGI
$485.2K $20.44/SF
− OpEx
−$72.8K −$3.07/SF
NOI
$412.4K $17.38/SF
Area
Nassau County, NY
Vacancy
6.90%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,248,660
Cap Rate 7%
$5,891,900
Cap Rate 9%
$4,582,589
Alternative Uses
Best Use
Warehouse
$5.89M
$5.16M – $6.87M
NOI $412,433 @ 7.0% cap · market cap 8.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$15.69M
$13.73M – $18.31M
NOI $1,098,423 @ 7.0% cap · market cap 21.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Dock-high doors
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
2,939
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11501, NY
21,189
Population
9,174
Households
2.3
Avg Household Size
42
Median Age
55%
College-Educated
88%
High-School Grad
2.0 sq mi
ZIP Area
10,595
Density / Sq Mi
$138,323
Median Household Income
$78,840
Median Earnings
$2,267
Median Rent
$627,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Near Me Self Storage Units Garden City — 400 Garden City Plaza Suite 110, Garden City, NY 11530
- Nearby Self Storage Units — 400 Garden City Plaza suite 110, Garden City, NY 11530
- Omega Self Storage — 99 E 2nd St, Mineola, NY 11501
- County Seat Self Storage Inc — 99 E 2nd St, Mineola, NY 11501
- Packing House Self Storage Hempstead NY — 161 Old Country Rd, North Hempstead, NY 11514
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse offering freezer space, freight elevator service, loading access, and owner-user occupancy potential.
Where is this warehouse located?
The property is located at 131 Liberty Ave Mineola, NY.
What is the asking price?
The asking price for this property is $4,999,999.
What are key features of this property?
This property features: Approximately 23,733 square feet across two floors; 15,000‑square‑foot industrial‑zoned parcel; Approximately 3,800 square feet of freezer/cold storage space
