Property profile

205 2Nd St Mineola, NY 11501

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

This exceptional 41,500-square-foot industrial warehouse and distribution facility presents a significant leasing opportunity, available February 2024. Located at 205 East 2nd Street in Mineola, Nassau County, New York, this single-tenant Class B building offers a range of desirable features. The warehouse boasts impressive ceiling heights ranging from 12 to 26 feet, supported by a steel structure. Two loading docks facilitate efficient loading and unloading operations. Ample parking is provided with 11 dedicated spaces. The property is equipped with 1200 AMPS of power and features a gas-powered heating system and a sprinkler system for enhanced safety. The building is connected to the sewer system. This strategically located property offers easy access to major transportation arteries, including the Long Island Expressway (LIE), Northern State Parkway (NSP), Meadowbrook State Parkway (MSP), Jericho Turnpike, and Old Country Road. It's also conveniently situated less than a mile from the Mineola Long Island Rail Road (LIRR) station, providing convenient commuting options. Furthermore, LaGuardia and JFK airports are within a 20-30 minute drive. Up to 5% of the space can be built out as office space to suit tenant needs. This property is perfect for businesses seeking a well-equipped, conveniently located warehouse and distribution center in a thriving area of Long Island. The zip code is 11501.

Property profile

Verified
Property type Warehouses

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

205 2Nd St Mineola, NY 11501
Mineola metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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