Nicely updated investment property includes a Restaurant with 20 parking spaces, Auto repair Shop with multiple bays, newly renovated barber shop and a newly renovated 2 bedroom/1 bath apartment in walking distance to Iona College. Current rent roll $147,900 with $7,200/year increased rent roll starting January 2012. Utilizing current expenses, this great investment currently has a CAP Rate of 6.6% and jumping to 7.0% in January 2012.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
