376 1st Street, Mineola, NY, 11501 | $1,199,000

Rare Mixed-Use Opportunity on Oversized Double Lot in Prime Mineola Location! Situated on an expansive 100 x 100 property, this well-maintained home offers over 3, 000 sq ft of versatile living and income-producing space—perfect for investors, end-users, or developers. With potential to subdivide or build (buyer to verify), this is a unique chance to maximize value in a highly desirable area. The residential portion features a spacious layout with a large eat-in kitchen with sliders to the backyard, and a fully finished two car garage. An oversized formal dining room, and a generous living room with fireplace. The first floor also includes a large bedroom and 1. 5 baths, while the second level offers two additional bedrooms and another full bath. The home is equipped with a updated gas heating system, gas hot water, and gas cooking. The mixed-use component includes a separate office/professional space with reception area and two half baths—ideal for generating rental income or running a business. Additional highlights include a full basement with high 8. 5 ft ceilings and a separate outside entrance, offering excellent storage or finishing potential. Unbeatable location just blocks from NYU Langone Hospital, close to vibrant downtown Mineola with shopping and dining, and near the LIRR station—only approximately 30 minutes to Manhattan. Whether you’re an investor, contractor, or end-user looking for space and opportunity, this property delivers exceptional potential in a prime location.

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full / 3 half
  • Style: Exp Cape
  • Year Built: 1953
  • Garage: 2-car
  • Heating: Natural Gas
  • Cooling: Central Air
  • Basement: Full
  • Approx Sq. Feet: 3,176
  • Acreage: 0.23
  • Est. Taxes: $18,275
  • Elem. School: Jackson Avenue School
  • Middle School: Mineola Middle School
  • High School: Mineola High School
  • School District: Mineola
  • Appliances: Dishwasher
  • MLS#: 979315
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/979315/3761ststreet_mineola_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Douglas Elliman Real Estate   Phone: 516-354-6500

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

376 1st Street, Mineola, NY, 11501

$1,199,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $959,200 $959,200 $959,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.069% 6.110% 5.932%
Monthly Tax Payment $1,523 $1,523 $1,523
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,297 $5,751 $7,965
Total Monthly Payment $6,945 $7,399 $9,613

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.