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Raymond Ptel Acquires Corner Retail Building In Mineola For $900000 From Mark Lencko

Property Image
SOLD
$900,000
Luca DiCiero
Giuseppe Gregorio
Nicholas (Nick) Evangelista

New York

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Retail1,440 SF
Sold 10/31/2025
the dealplayerscompscontact
Property Image
SOLD

Raymond Ptel Acquires Corner Retail Building In Mineola For $900000 From Mark Lencko

99 Jericho Turnpike

See Similar Deals
Retail1,440 SF
Sold 10/31/2025
Luca DiCiero
Giuseppe Gregorio
Nicholas (Nick) Evangelista
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$625
Total Square Footage:1,440 SF
Transaction Type:Sale

The property asset involved in the transaction is a corner retail building located at 99 Jericho Turnpike in the Mineola market. The sale price of the property was $900,000, with a building size of 1,440 square feet, resulting in a price per square foot of $625.

Summary of transaction details:

Representatives from NY Space Finders played a crucial role in this transaction. The brokerage team consisting of Luca DiCiero, Giuseppe Gregorio, and Nicholas Evangelista facilitated the deal between the buyer, Raymond Ptel, and the seller, Mark Lencko.

Players

Luca DiCiero
NY Space Finders
Luca DiCiero
151 deals$124.3M volume(347) 242-0353
BROKER
Giuseppe Gregorio
NY Space Finders
Giuseppe Gregorio
51 deals$30.8M volume
BROKER
Nicholas (Nick) Evangelista
NY Space Finders
Nicholas Evangelista
17 deals$14M volume(516) 385-7725
BROKER

Details

SOLD
IMAGE: Giuseppe Gregorio, Luca DiCiero & Nicholas Evangelista DATE: 10/31/2025 ADDRESS: 99 Jericho Turnpike MARKET: Mineola ASSET TYPE: Corner Retail Building BUYER: Raymond Ptel SELLER: Mark Lencko BROKERS: Luca DiCiero, Giuseppe Gregorio (@GiuseppeGregorio) & Nicholas Evangelista - NY Space Finders (@NYSpaceFinders) SALE PRICE: $900,000 BUILDING SF: 1,440 ~ PPSF: $625

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$3,197.51
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