Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    160 Jericho Tpke Mineola, NY 11501

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,430,000

    Thriving deli and building in high-traffic Mineola location.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 24 at 8:01 pm

    Property Features for 160 Jericho Tpke

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1931

    We can help!

    Listing Contact
    Saviz Simani

    Listing agent Saviz Simani License #30SI0849689

    Listing office LYNX REALTY INC.

    Listing date Apr 24, 2026

    Source Elliman

    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 LYNX REALTY INC.

    Overview

    Established Deli Business For Sale

    An established deli and catering business with 30 years of operation is available for purchase, including both the business and the building. The property is located in the heart of Mineola, in a high-traffic area. The business was voted as having some of the best sandwiches on Long Island. The property offers strong income potential. There is potential for a second floor build-out with proper permits. The current owners are retiring, presenting an opportunity for a new owner to take over the building and operation. Delivery service or third-party platforms are currently not in place, offering immediate upside potential for increased revenue. The location has a walk score of 88, indicating it is very walkable, a transit score of 57, indicating good transit options, and a bike score of 50, indicating it is bikeable.
    Location Intelligence

    Current Use by Public Records

    Ardito's Italian American ... Food Market

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Law Firm Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mineola
    County
    Nassau
    State
    New York
    Longitude
    -73.629047
    Latitude
    40.753568

    Nearby Similar for Sale

    • $2,365,000

      Turnkey Medical Office Building For Sale

      5,032 SF medical office building with 19-car parking.
      233 Willis Avenue, Mineola, NY 11501
      View Details
    • $1,430,000

      Established Deli and Catering Business

      Thriving deli and catering business with property in high-traffic area.
      160 Jericho Turnpike, Mineola, NY 11501
      View Details
    • $870,000

      Two-Family Home in Mineola, NY

      Two-family home with four bedrooms and a two-car garage.
      151 Lincoln Avenue, Mineola, NY 11501
      View Details
    • $1,050,000

      Renovated Home in Mineola, NY

      Ultramodern, custom-renovated home designed for entertaining in Mineola.
      236 Maple Place, Mineola, NY 11501
      View Details
    • $2,700,000

      Mineola Industrial Flex Property

      Open warehouse/flex space with renovated office in Mineola, NY.
      88 Windsor Ave, Mineola, NY 11501
      View Details
    • $945,000
      3,150 SF

      Mineola Office Unit For Sale

      Office unit with 3,150 square feet of space.
      126 3rd St, Mineola, NY 11501
      View Details
    • $900,000
      1,440 SF

      High-Visibility Corner Retail Building

      Free-standing building on Jericho Turnpike with high traffic exposure.
      99 E Jericho Tpke, Mineola, NY
      View Details
    • $2,550,000
      10,480 SF

      Mineola Medical/Office Building For Sale

      10,480 SF medical/office building in Mineola, NY for sale.
      156 1st St, Mineola, NY 11501
      View Details
    • Contact for pricing
      6,253 SF

      Mineola Freestanding Surgical Center

      Freestanding ambulatory surgical center in Mineola, renovated in 2002.
      110 Willis Ave, Mineola, NY
      View Details
    • Contact for pricing
      3,500 SF

      Mineola Office Building For Sale

      Office building with basement and parking, near transportation and amenities.
      37 E Jericho Tpke, Mineola, NY
      View Details
    • Contact for pricing
      3,644 SF

      Mineola Office Space For Sale

      Office space in Mineola's Industrial Park, convenient location.
      190 E 2nd St, Mineola, NY
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Thriving deli and building in high-traffic Mineola location.
    Where is this conventional restaurant located?
    The property is located at 160 Jericho Tpke Mineola, NY.
    What is the asking price?
    The asking price for this property is $1,430,000.
    What are key features of this property?
    This property features: Established deli and catering business with 30 years of successful operation, including both the business and the building for sale.; Located in a high‑traffic area in the heart of Mineola with strong income potential.; **Business voted one of the best sandwiches on Long Island.**
    (516) 356-2211
    We can help!
    Listing Contact
    Saviz Simani
    Real Estate License ID: 30SI0849689
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!