Relatively young multi family building in the heart of Corona. This building consists of 6 units in total. it has 2 one bed rooms, 2 two bedrooms, 1 four bedroom with two baths a stationary store on the first floor and a full finished basement. The total rent roll is 19,799. Expenses are approximately 2,050 per month. The building is rent stabilized for the next 14 years due to an abatement given when building was constructed. Based on current NOI the cap rate is approximately 7%. This building Is Ideal if you don't drive because its one block from the number 7 train that takes you into the city. Walking distance to shopping makes it a haven for a good rental property.
| MLS # | 956572 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2013 |
| Days On Site | 279 |
| Listing Provided By | True Homes Inc | Antonio Russo CBR |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| Basement | Y |
| Units | 6 |
| Cooling | Multi Units |
|---|---|
| Heating | Natural Gas |
| Interior Features | High Speed Internet |
| Construction Materials | Block |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 13200 |
| State | NY |
|---|---|
| County | Queens |
| City | Corona |
| Zip Code | 11368 |
| Listing VS Median (in 11368) | |
Price: $2,900,000 low | high Med: $854,500 On site: 279 low | high Med: 83 | |
| State | NY |
|---|---|
| County | Queens |
| City | Corona |
| Zip Code | 11368 |
| Listing VS Median (in 11368) | |
Price: $2,900,000 low | high Med: $854,500 On site: 279 low | high Med: 83 | |
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