203 Willis Ave Mineola, NY 11501
- Apartment buildings
- 3,570 SF
- 0.12 lot acres
Current Use by Public Records
- Safeway Roofing, Roof Repair & Replacement, Installation / Roofing Contractor
- Einobs / Internet Marketing Service / Software Company
Property Details for 203 Willis Ave
- Year built
- 1931
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.12 lot acres
- Property size
- 3,570 SF
- Property type
- Apartment buildings
- APN
- 09-409-00-0460
- APU
- 9409000460
Description
This exceptional 15-unit apartment building presents a compelling investment opportunity in the thriving Mineola, New York market. Located at 203 Willis Avenue, this three-story building, constructed in 1931, offers a blend of classic charm and modern convenience. The property is currently fully occupied, generating consistent rental income. The building features a desirable mix of apartment units, all within a well-maintained structure. A ground floor common area provides added convenience for residents, while a rear garden offers a tranquil outdoor space. Its prime location in Mineola ensures easy access to schools, public transportation, and municipal parking, enhancing its appeal to tenants. The asking price for this multifamily property is $3,400,000. This represents a significant opportunity to acquire a stable, income-producing asset in a highly sought-after Nassau County location, within the 11501 zip code. The building's strong occupancy rate and convenient amenities make it an attractive investment for both seasoned and aspiring real estate investors. This property is situated at 40.7461608 latitude and -73.6396475 longitude.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mineola
- County
- Nassau
- State
- New York
- Longitude
- -73.6397
- Latitude
- 40.7462
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
