Property profile

1517 Franklin Ave Mineola, NY 11501

OFF-MARKET
Office buildings
Property ID
US63-6286374
600 SF 0.17 ac lot Built 1927
Entity Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1927
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 600 SF
Lot 0.17 ac (7,500 SF)
APN 34-003-00-0005
UPID US63-6286374

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency
  • Physician
  • Family Counselor Doctor
  • Marketing & Advertising Advertising Agency
  • Family Counselor Doctor

Location

1517 Franklin Ave Mineola, NY 11501-4804
Mineola metro Census 406400 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$717k
Blend (final) Blend
$595k

Owner & transaction history

since 2012
4 recorded transactions
2012
$1.2M
1999
$725,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $620,000 +29.3%
Neighborhood: shopping center $525,000 +9.4%

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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