Remarks

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!!!)

Details

MLS#: 3431701
Price: $920,000

Style: Mixed Use
Year Built: 1929

County: Nassau
Lot Size: 67x125
Tax Fee: 11078