Calling All Investors, Developers & End-Users!!! 10.23 Cap 2 Unit Mixed Use Building With Huge Parking Lot For Sale!!! The Building Features Excellent Signage, Great Exposure, 23 Parking Spaces, High Ceilings, All New LED Lighting, 3 AC's, +++!!! Located In The Heart Of Inwood Only Minutes From JFK Airport!!! Neighbors Include Target, Nissan, CVS, Citi, McDonald's, FedEx, Planet Fitness, 7-Eleven, Dollar General, Burlington, Chipotle, Family Dollar, Life Storage, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or Home For Your Business!!! Income: Restaurant: $21,600 Ann. 2 Br Apt.: $30,000 Ann. (Proforma) Parking Lot: $48,000 (Proforma) Parking Spot: $9,600 Ann. (M-M) Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Insurance: $3,823 Ann. Water & Sewer: $0 Ann. Snow & Landscape: $0 Taxes: $11,078.21 Ann. Total Expenses: $15,151.21 Ann. Gross Income: $109,200 Ann. (Proforma) Net Operating Income (NOI): $94,048.79 Ann. (Proforma 10.23 Cap!!!)
MLS# | 3431701 |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Pending |
Year | 1929 |
Days On Site | 785 |
Listing Provided By | All Island Estates Realty Corp | Richard Matt Shane |
Story(s) | 1 |
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Units | 2 |
Zoning | multi use |
Acreage | 0.20 |
State | NY |
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County | Nassau |
City | Inwood |
Zip Code | 11096 |
Subarea | 6 |
Listing VS Median (in 11096) | |
Price: $920,000 low | high Med: $699,000 On Site: 785 low | high Med: 120.000000 |