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Inwood 11096 Inwood
126 Jefferson Street
$949,000
Commercial - For Sale

126 Jefferson Street

Inwood, NY 11096
bedrooms
Studio
bathrooms
0 Bath
$5,650
Estimated Monthly
$0
HOA / Fees
0.33%
Cap Rate

About This Property

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.
Unit Size
-
Days on Market
108 days
Land Size
0.20 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$989
HOA Dues
-
Year Built
1929
Listed By
Jessica Hollenstein
Jessica Hollenstein
Becker Realty Services Inc
Diana Curcio
Diana Curcio
Daniel Gale Assoc Inc of E Nor
Last updated: 2 months ago (OneKey MLS #ONE3524566)

Price History

Date / Event Date Event Price
Mar 5, 2024 Relisted $949,000
Relisted
Feb 27, 2024 In contract -
In contract
Jan 9, 2024 Listed by Douglas Elliman Real Estate $949,000
Listed by Douglas Elliman Real Estate

Property Highlights

Exterior Details

Property Information

Square Footage : 3214
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1929

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Acres: 0.2
Lot Size Square Feet: 8625
Lot Size Dimensions: 67x125
Financial Details
Tax Annual Amount: $11,872

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Bedroom Count: 0
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,625
  • Lot Size Depth Feet: 125
  • Lot Size Frontage Feet: 69
  • Total Building Area: 842
  • Gross Building Area: 842
  • Building Area: 842
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.198
  • Legal Description 1: TOWN #1 SCH DIST 015

Ownership

  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lawrence Union Free School District
  • School Tax School District: 015
  • Census Tract: 411100

Geography

  • District: 282089
  • Section: 40
  • Parcel: 40-071-00-0003
  • Block: 71
  • Lot: 3
  • Municipality: HEMPSTEAD UNINCORPORATED
  • Latitude: 40.6176
  • Longitude: -73.7441

    Address

  • Full Address: 126 Jefferson St
  • Address - House Number: 126
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: NY
  • City Name: Inwood
  • Carrier Code: C005
  • 4-Digit Zip Code: 2123
  • Zip Code: 11096

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,868
  • Tax Rate Code Area: 186

    Market Valuation

  • Market Total Value: $302,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,022
  • Assessed Land Value: $2,415
  • Assessed Improvements Value: $607

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$950,000 Feb 3, 2021
$950,000 May 13, 2021
-
Land
Loft
-
-
$930,000 Nov 7, 2019
$930,000 May 4, 2022
$169/mo
Multifamily
6 Beds
4 Baths
-
$850,000 Jun 11, 2021
$850,000 Nov 24, 2021
$1,221/mo
Multifamily
5 Beds
5 Baths
-
$1,066,000 Aug 13, 2021
$1,066,000 Nov 12, 2021
$714/mo
Multifamily
4 Beds
2 Baths
-
$775,000 Jan 25, 2023
$775,000 Mar 14, 2023
$566/mo
House
4 Beds
4 Baths
-
$900,000 Jul 29, 2022
$900,000 Oct 19, 2022
$620/mo
House
Stu
-
-
$920,000 Sep 19, 2022
-
$923/mo
Multifamily
7 Beds
2 Baths
-
$995,000 Oct 12, 2023
-
$866/mo
House
4 Beds
2 Baths
-
$989,000 Jan 21, 2024
-
$676/mo
In Contract
Multifamily
3 Beds
2 Baths
-
$899,000 Oct 10, 2023
-
$913/mo
House
4 Beds
3 Baths
-
$999,000 Feb 29, 2024
-
$788/mo
Condo
2 Beds
2 Baths
-
$999,000 Jan 3, 2024
-
$1,456/mo

About Five Towns


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Frequently Asked Questions

When was property at 126 Jefferson Street built and last sold?
The property at 126 Jefferson Street was built in 1929 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 126 Jefferson Street is $958,490.
What are some comparable homes to 126 Jefferson Street?
Homes that are comparable to 126 Jefferson Street include a multifamily property at 261 Bayview Avenue, a house property at 41 Soloff Boulevard, 247 Randall Avenue.

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