$4,000,000

98-15 34th Ave, Corona, NY 11368

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1927
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Nestled in the heart of vibrant Corona. Well maintained. Twin buildings with a total 32 units, solid brick. 30 units are rent stabilized, 2 units are rent controlled, and 21 units of 1 bedroom, 11 units of 2 bedroom. Annual actual Gross income $600,204. Income rate is 5% Cap. The property are located close to main roads, with easy access to local amenities such as School, shopping, bank and various eateries. Near 7 train Subway station on Roosevelt Ave & Junction Blvd, Bus station on Northern Blvd. **Be Sold As a package deal with 33-54 99th St . Total $8,000,000 **Lot Size 80x100 (Building Size 40x90 each) Those buildings have tremendous upside for rental income and long-term appreciation. Don't miss this opportunity to own a high potential asset in one of Queens.

Listing Status:
Active
Listing Office:
New Group Realty Inc : 718-255-9100
MLS ID:
890980
  • General: First Floor BedroomFirst Floor Full Bath
  • Basement: FullUnfinished
  • A/C: None
  • Heating: Natural Gas

This listing courtesy of New Group Realty Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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