About 221 Lincoln Avenue
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.
Features of 221 Lincoln Avenue
| MLS® # | 865021 |
|---|---|
| Price | $874,999 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,174 |
| Square Footage | 5000 |
| Acres | 0.11 |
| Year Built | 1918 |
| Type | Multi-Family |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 221 Lincoln Avenue |
|---|---|
| Subdivision | Presidential Streets/Village |
| City | Mineola |
| County | Nassau County |
| State | NY |
| Zip Code | 11501 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Parking Spaces | 6 |
| Parking | Driveway, Garage |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Combination, Hardwood, Tile, Vinyl |
|---|---|
| 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 |
| Has Basement | Yes |
| Fireplace | No |
Floor Plans
| Basement | Full, Storage Space, Walk-Out Access |
|---|
Exterior
| Exterior Features | Garden |
|---|---|
| Lot Description | Back Yard, Cleared, Front Yard, Level, Near Public Transit, Near School, Near Shops, Paved |
| Construction | Frame |
School Information
| District | Mineola |
|---|---|
| Elementary | Jackson Avenue School |
| Middle | Mineola Middle School |
| High | Mineola High School |
Additional Information
| Listing Courtesy of | Goldilocks Real Estate |
|---|---|
| Date Listed | May 20th, 2025 |
| Days on Market | 141 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Goldilocks Real Estate |
|---|