300 Old Country Road, Condo Unit #9, Mineola

Nassau County, Mineola, New York 11501

$1,295,000   LEASED TO MTA - LIRR

Listing ID Number

25434

Property Description

Cushman & Wakefield has been retained on an exclusive basis for the sale of a commercial condo-minium unit at 300 Old Country Road, CA0128, Unit #9 in Mineola, Nassau County.

The sale is for a commercial condominium unit currently leased to the New York City - MTA, Long Island Railroad. The tenant moved into the unit in 2011 and in their first year of a six-year renewal option. Currently, the LIRR is paying $123,445 annually with 2.5% increases yearly.

The building is a Class A office building with on-site parking on Old Country Road in Mineola. It is conveniently located steps from the Mineola-LIRR train station, Winthrop Hospital, and Nassau County Municipal offices.

Do not disturb tenant. Inspections are by appointment only.

Overview

Building Type:Commercial Condo/Co-op
Section/Block/Lot:9/435/114U
Unit Sq Ft:5,842
approx.
Commercial Units:1 Condo

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Stephen R. Preuss
Senior Managing Director
(718) 512 2118
stephen.preuss@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.