Overview

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!!!)