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Property profile & analytics
FOR SALE
Office buildings
110 Willis Ave, Mineola, NY 11501
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US63-0546190
For Sale
1 / 2
$7,000,000
110 Willis Ave, Mineola, NY 11501
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,755 SF
Lot
0.73 ac (31,973 SF)
APN
09-452-00-0615
UPID
US63-0546190
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Day-Op Center of Long Island: Digregorio Vincent MD Physician
-
Dr. Deborah Dilello, MD Physician
-
Myles Kobren Physician
-
Ambi Medical Associates Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.10M
Blend (final)
Blend
$7.00M
Owner & transaction history
Eden Blue LLC · 1 yrs held
Eden Blue LLC
since 2025
Last sale
$7.0M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.1M
+29.3%
Restaurant
$8.7M
+10.7%
Neighborhood: shopping center
$8.6M
+9.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mineola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mineola submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$7,000,000
ML approach
$7,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,825,000
Current use
COMMERCIAL (GENERAL)
$10,115,000
Change: +29% · Conversion: Easy
RESTAURANT
$8,660,000
Change: +11% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$8,560,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$7,190,000
Change: -8% · Conversion: Moderate
AUTO REPAIR, GARAGE
$6,410,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$7.00M
Range $6.30M – $7.70M · ±10% · vs last sale $7.00M (Oct 31 2024)
Last sale anchor
$7.00M
Oct 31 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$718 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$165,776
Tax year 2023
Assessed value
$31,758
Assessed 2023
Previous assessed
$31,758
+0.0% YoY
Effective rate
522.00%
On assessed value
Assessed land
$11,509
Assessed improvement
$20,249
Total market value
$3,175,800
Applied tax rate
702.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING (MULTI-STORY)
Status
For Sale
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
9,755 SF
Lot
0.73 ac (31,973 SF)
APN
09-452-00-0615
UPID
US63-0546190
Jurisdiction
NASSAU
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$7.8M
COMMERCIAL (GENERAL)
Est. value
$10.1M
RESTAURANT
Est. value
$8.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.6M
RETAIL STORES
Est. value
$7.2M
AUTO REPAIR, GARAGE
Est. value
$6.4M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.73 ac
Current owner
From public records · entity-resolved
Eden Blue LLC
Entity
Mailing address
9900 BREN RD E, MINNETONKA, MN 55343-9603
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2025
$7,000,000
Eden Blue LLC
Collaborative Realty LLC
Bargain & Sale Deed
$6,000,000 · Collaborative Realty LLC
Feb 26, 2024
$7,000,000
Collaborative Realty LLC
Krt Realty III LP
Bargain And Sale Deed
—
—
—
Realty Kkt III
—
Deed Of Trust
related
$3,000,000 · Ohio National Life Ins Co
—
—
Kkt Realty III
—
Deed Of Trust
related
$612,112 · Frost National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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