Price Reduced 20.00%

$920,000

Pending

Est. Mortgage $4,592/mo *

Quick Pre-Approval

Price History

$1,150,000
9/19/2022

$1,050,000
9/30/2022

$988,000
10/13/2022

$950,000
11/9/2022

$920,000
1/12/2023


126 Jefferson Street, Hempstead, (Inwood), NY, 11096

126 Jefferson Street, Hempstead, (Inwood), NY, 11096

1929

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!!!)


Status:

Pending

Town:

Hempstead

Type:

Commercial

Units:

2

Zoning:

multi use

Heating:

Natural Gas

Levels:

1

Acreage:

0.2

Est. Taxes:

$11,078

Days on Market:

149

MLS #:

3431701


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of All Island Estates Realty Corp 516-783-5600