PRIME LOCATION FOR INVESTMENT
PROPERTY LOCATED IN A PRIME LOCATION, GREAT INVESTMENT INCLUDING A TWO BEDROOM APARTMENT WITH A FULL BASEMENT AND A FULLY EQUIPPED RESTAURANT.
THE PROJECTED INCOME WILL DOUBLE. THE PROPERTY CAN BE DEVELOPED INTO A MULTI RESIDENTIAL BUILDING,WITH COMMERCIAL USAGE ON THE FIRST FLOOR.
OWNER HASN’T INCREASED THE RENT IN YEARS, WHICH OFFERS A HIGHER PROJECTED INCOME.
PROPERTY IS GREAT FOR A NEW DEVELOPMENT SITE.
INWOOD NY, 11096
124-126 JEFFERSON STREET
ROZITA SOOMEKH DIANA CURCIO ETHAN SANANDAJI
Licensed Real Estate Broker Licensed Real Estate Agent Licensed Real Estate Agent
[email protected] [email protected] [email protected]
± 8,625 SF - DEVELOPMENT OPPORTUNITY
ASKING PRICE $ 1,590,000. 00
TYPE MIXED USE
BUILDING SIZE 4,744 SF
BUILT 1929
LOT SIZE 8,625 SF
FAR 0.55
ZONING RESIDENCE
DISTRICT C
PUBLIC TRANSPORTATION
COMMUTER RAIL DRIVE DISTANCE Inwood Station 2 min 0.5mi Lawrence Station 3 min 0.5 mi AIRPORT DRIVE DISTANCE
JFK 12 min 7.6 mi
LGA 21 min 14.5 mi
NEIGHBORS
McDonald’s, Post Office, Citi Bank, Prime Bistro, Key Foods Supermarket, Inwood Park, Far Rockaway School, Bank Of America, Planet Fitness, Dunkin’, Marshalls,Chase Bank,Our Lady Of Good Counsel Church,Bais Tefila Of Inwood Temple.etc...
MAP - AREA
LAWRENCE STATION INWOOD STATION
INWOOD NY, 11096
124-126 JEFFERSON STREET
COPYRIGHT-2019 DOUGLAS ELLIMAN REAL ESTATE, ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, MISSIONS, CHANGE OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, SCHOOL DISTRICT ETC. SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, IRONING EXPERT. IF YOU PROPERTY IS CURRENTLY LISTED WITH ANOTHER REAL ESTATE BROKER, PLEASE DISREGARD THIS OFFER. IT IS NOT OUR INTENTION TO SOLICIT THE OFFERINGS OF OTHER REAL ESTATE BROKERS. WE COOPERATE WITH THEM FULLY. EQUAL HOUSING OPPORTUNITY.
PRIVATE PARKING AVAILABLE
NASSAU EXPRESSWAY
INWOOD NY, 11096
124-126 JEFFERSON ST.
INCOME ACTUAL INCOME PROJECTED INCOME LEASE TERM
2 BEDROOM APT. $ 13,320 $ 32,400 MONTH/MONTH
RESTAURANT
TRUCK PARKING
$ 20,400
$ 10,500
(5 SPACES)
$ 26,250
$ 24,000 (10 SPACES)
MONTH/MONTH MONTH/MONTH TOTAL GROSS INCOME $ 44,220 $ 82,650 ANNUAL
PROPERTY TAX $ 11,000 ANNUAL
NET INCOME $ 33,220 $ 71,650 ANNUAL
NEW BOILER/NEW HOT WATER TANK AND ELECTRICAL BOX
INWOOD NY, 11096
124-126 JEFFERSON ST.
COPYRIGHT-2019 DOUGLAS ELLIMAN REAL ESTATE, ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, MISSIONS, CHANGE OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, SCHOOL DISTRICT ETC. SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, IRONING EXPERT. IF YOU PROPERTY IS CURRENTLY LISTED WITH ANOTHER REAL ESTATE BROKER, PLEASE DISREGARD THIS OFFER. IT IS NOT OUR INTENTION TO SOLICIT THE OFFERINGS OF OTHER REAL ESTATE BROKERS. WE COOPERATE WITH THEM FULLY. EQUAL HOUSING OPPORTUNITY.
THE RESTAURANT OWNER OCCUPIES THE APARTMENT AS WELL. APARTMENT INCLUDES AMENITIES SUCH AS TWO BEDROOMS, ONE FULL BATHROOM, AND A COMPLETE BASEMENT
(ONE BEDROOM), AS WELL AS AN OUTDOOR AREA. THE ANNUAL RENT IS $13,320.
ROZITA SOOMEKH DIANA CURCIO ETHAN SANANDAJI
Licensed Real Estate Broker Licensed Real Estate Agent Licensed Real Estate Agent
[email protected] [email protected] [email protected]
516.205.2279 516.402.0570 516.304.0031
INWOOD NY, 11096
124-126 JEFFERSON ST.
ROZITA SOOMEKH DIANA CURCIO ETHAN SANANDAJI
Licensed Real Estate Broker Licensed Real Estate Agent Licensed Real Estate Agent
PROPERTY INCLUDES RESTAURANT,FORMERLY KNOWN AS EBEN-EZER WHICH HAS BEEN
SUCCESSFULLY SERVING THE COMMUNITY FOR YEARS. THE TENANT OCCUPIES APPROXIMATELY 875 SF. TENANT ALSO PAYS AN ANNUAL RENT OF $20,400 AND IS RESPONSIBLE FOR ALL UTILITIES.
THIS PROPERTY OFFERS AN EXCELLENT BUSINESS OPPORTUNITY
INWOOD NY, 11096
124-126 JEFFERSON STREET
COPYRIGHT-2019 DOUGLAS ELLIMAN REAL ESTATE, ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, MISSIONS, CHANGE OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, SCHOOL DISTRICT ETC. SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, IRONING EXPERT. IF YOU PROPERTY IS CURRENTLY LISTED WITH ANOTHER REAL ESTATE BROKER, PLEASE DISREGARD THIS OFFER. IT IS NOT OUR INTENTION TO SOLICIT THE OFFERINGS OF OTHER REAL ESTATE BROKERS. WE COOPERATE WITH THEM FULLY. EQUAL HOUSING OPPORTUNITY.