225 1stMineola, NY 11501

  • Residential income properties
  • 6,624 SF
Off market
$6,973,140 Estimated

Property Details for 225 1st

Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.70 AC
Property size (Sq ft)
6,624 SF
Property type
Residential income properties
Property subtype
High-rise multifamily apartments
APN
09-418-00-0118
APU
9418000118

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,357,980
    6.5%
    $1,253,520
    7%
    $1,163,983
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,341,512
    Geo Method
    $1,341,512
  • Alternative Use

    Use
    Valuation
    Residential
    $1,253,520
    Hospitality
    $1,148,218
    Educational
    $955,303
    Medical
    $988,158
    Retail
    $1,486,028
225 1st, Mineola, New York
Leaflet | © OpenStreetMap contributors

Location Insight

City
Mineola
County
Nassau
State
New York
Latitude
40.7419
Longitude
-73.6414
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$230,528
$6,825
$51,027
$57,852
-
-
-
$5,785,200

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