Property profile

55 Willis Ave Mineola, NY 11501

OFF-MARKET
Commercial real estate
Property ID
US63-0255641
1,160 SF 0.12 ac lot Built 1902
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property at 55 Willis Ave, Mineola, NY presents a compelling investment or owner-user opportunity. The 3,426 square foot, two-story building enjoys a highly visible location directly across from The Allure Mineola, ensuring significant foot traffic and brand recognition. The property features two spacious floors, each with its own independent entrance, providing flexibility for multiple tenants or a single large operation. A sizable basement offers additional storage space, enhancing the property's overall utility. Currently configured for professional use, the building is well-suited for a variety of businesses, including but not limited to legal, financial, or medical practices. Convenience is maximized with a dedicated parking lot, eliminating the challenges often associated with urban commercial properties. The building's strategic location offers excellent access to public transportation and major roadways, simplifying commutes for employees and clients. Situated on a 0.12-acre lot, this property represents a rare combination of prime location, versatile space, and convenient amenities. The asking price is $999,000. This is a unique chance to acquire a thriving commercial property in a desirable Mineola location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1902
Construction FRAME
Total area 1,160 SF
Lot 0.12 ac (5,132 SF)
APN 09-129-00-0229
UPID US63-0255641

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
  • Real Estate Agency

Location

55 Willis Ave Mineola, NY 11501-4408
Mineola metro Census 303600 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$610k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$995k

Owner & transaction history

since 2025
Last sale
$973,800
5 recorded transactions
2025
$973,800
2016
$600,000
2015
$400,000
2012
Price N/A
1969
Price N/A

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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