221 Lincoln Avenue, Mineola, NY 11501
Local realty services provided by:Better Homes and Gardens Real Estate Dream Properties



221 Lincoln Avenue,Mineola, NY 11501
$898,888
- 3 Beds
- 2 Baths
- 1,174 sq. ft.
- Multi-family
- Active
Listed by:sandi m. polinsky cbr
Office:goldilocks real estate
MLS#:865021
Source:One Key MLS
Price summary
- Price:$898,888
- Price per sq. ft.:$765.66
About this home
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.
Contact an agent
Home facts
- Year built:1918
- Listing Id #:865021
- Added:85 day(s) ago
- Updated:August 10, 2025 at 01:43 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,174 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1918
- Building area:1,174 sq. ft.
- Lot area:0.11 Acres
Schools
- High school:Mineola High School
- Middle school:Mineola Middle School
- Elementary school:Jackson Avenue School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$898,888
- Price per sq. ft.:$765.66
- Tax amount:$8,651 (2023)
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