221 Lincoln AVE Mineola, NY 11501
3 Beds
2 Baths
5,000 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Presidential Streets/Village
MLS Listing ID 865021
Bedrooms 3
Full Baths 2
Rental Info No
Year Built 1918
Annual Tax Amount $8,651
Lot Size 5,000 Sqft
Acres 0.1148
Lot Dimensions 50x100
Property Sub-Type Duplex
Source onekey2
Property Description
This legal two-family home combines location, income stability, and long-term growth potential — making it an exceptional choice for investors, 1031 exchange buyers, multi-generational households, or owner-occupants. Situated just minutes from the LIRR, NYU Langone Hospital, shopping, dining, and major highways, it offers both convenience and strong rental demand.
Currently occupied by two reliable tenants with a 100% on-time payment history, the property generates steady income from day one. For buyers seeking flexibility, the seller will deliver the first-floor unit vacant at closing if preferred — ideal for immediate occupancy, securing a new tenant at market rent, or creating an owner-occupied investment.
Features include:
1.5-car detached garage and ample driveway parking
Gas heating and cooking
Spacious layouts in both units
Being sold as-is — ready for your personal upgrades or rental optimization
Whether you're completing a 1031 exchange or expanding your portfolio, this property offers immediate cash flow, strong appreciation potential, and tax advantages.
Location
State NY
County Nassau County
Rooms
Basement Full, Storage Space, Walk-Out Access
Interior
Interior Features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer, Galley Type Kitchen, Natural Woodwork, Original Details, Storage
Heating Hot Water, Natural Gas
Cooling Multi Units
Flooring Combination, Hardwood, Tile, Vinyl
Fireplace No
Laundry In Basement
Exterior
Exterior Feature Garden
Parking Features Driveway, Garage
Garage Spaces 1.5
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Total Parking Spaces 6
Garage true
Private Pool No
Building
Lot Description Back Yard, Cleared, Front Yard, Level, Near Public Transit, Near School, Near Shops, Paved
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Jackson Avenue School
Middle Schools Mineola Middle School
High Schools Mineola
School District Mineola
Others
Senior Community No
Special Listing Condition None