1. New York
  2. Mineola
  3. 221 Lincoln Avenue
$898,888

221 Lincoln Avenue, Mineola, NY 11501

  • 3 beds |
  • 2 baths |
  • 1,174 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1918
  • Property Lot Size Icon5,001sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $766/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Prime Two-Family Investment in Mineola’s Presidential Section 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.

Listing Status:
Active
Listing Office:
Goldilocks Real Estate : 516-874-3033
MLS ID:
865021
  • General: First Floor BedroomFirst Floor Full BathEat-in KitchenEntrance FoyerGalley Type KitchenNatural WoodworkOriginal DetailsStorage
  • Laundry: In Basement
  • Basement: FullStorage SpaceWalk-Out Access
  • Flooring: CombinationHardwoodTileVinyl
  • A/C: Multi Units
  • Heating: Hot WaterNatural Gas
  • Fireplace: Fireplaces: 0

This listing courtesy of Goldilocks Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Jackson Avenue School

300 Jackson Ave, Mineola, NY, 11501

Grades 3-4

0.25 miles away

M

Mineola Middle School

200 Emory Rd, Mineola, NY, 11501

Grades 5-7

0.34 miles away

M

Mineola High School

10 Armstrong Rd, New Hyde Park, NY, 11040

Grades 8-12

0.79 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.