126 Jefferson Street
Courtesy of Douglas Elliman Real Estate, Jessica Hollenstein CBR SRS ABR Listing Contact:  
Sold

126 Jefferson Street

126 Jefferson Street, Inwood, NY 11096

$830,000
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., Additional information: Rental Income:Y

3,214 Sq.Ft. LIVING AREA

8,625 Sq.Ft. lot

Features & Amenities

Area & Lot

  • Status Sold
  • Date Sold November 8, 2024
  • Living Area3,214 Sq.Ft.
  • Lot Area8,625 Sq.Ft.
  • MLS® IDL3524566
  • TypeCommercial
  • YEAR BUILT1929

Exterior

  • HEAT TYPENatural Gas, Hot Water

Financial

  • Sales Price$830,000
  • Real Estate Tax $11,872/yr
  • Zoning Mixed Use

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