This prime commercial property offers over 12800sq. ft First Floor 4500 Sqft approx. Second Floor 4500 Sqft approx. Basement 4,680. , currently featuring an adult day care center and additional office suites, making it ideal for investors or owner-users alike. Located on a busy road with excellent visibility and accessibility, the building is partially occupied with tenants on short, flexible leases, generating $17,500/month in current income with an additional $10,300/month potential when fully leased. With 27 dedicated parking spaces, strong traffic exposure, and tons of versatility for professional, medical, or specialty uses, this property presents a rare opportunity to maximize both cash flow and long-term value.
185 Willis Avenue, #1, Mineola, NY, 11501
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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