Property Details

Overview

Incredible mixed-use building located in the heart of Inwood, just minutes from JFK. This property offers a fantastic opportunity for a savvy investor or a business owner looking for the perfect location. Situated in a vibrant area with renowned neighbors such as Target, CVS, McDonald’s + more. This property has excellent signage, great exposure + a huge parking lot boasting 10 spaces. The building itself has new LED lighting, AC units, gas heat + basement w/high ceiling + laundry. The 2 BR apt has an outside ramp for handicap access + offers an EIK, LR + full bath. The restaurant space comes equipped with a 7-foot hood, providing endless possibilities whether you’re looking to open your dream restaurant or expand an existing business. The restaurant generates an annual income of $21, 600, the 2 BR apt brings in $13, 920/yr + the parking lot generates $9, 600 annually w/potential for even greater income. Maintaining this property is a breeze, as gas, electric, water, snow removal + landscaping costs are all paid by the tenant. With owner expenses of just $16, 623/yr including taxes, insurance + maintenance.