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53-12 102nd Street

Corona, NY 11368
  • $2,680,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 3550423
UPDATED: 37 min ago
$2,680,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2015
County:
Area:

School Ratings & Info

Description

Legal 7-family located in a highly sought-after area of Corona offering over 6% CAP rate. The property comprises one duplex 3-bedroom unit and six 1-bedroom units, all of which are currently fully leased, and all units are sub-metered, Tenant pays their own utilities making it a low-maintenance investment opportunity. The property has significant tax savings with a 421 tax abatement, the property is expected to generate strong cash flow and appreciate in value over time.Situated in the vibrant neighborhood of Corona, residents benefit from the convenience of being close to a plethora of amenities, including shopping centers, restaurants, schools, parks, and public transportation options.

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2024-07-21T00:18:35.177.
www.selectyournexthome.com/homes/150354422
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53-12 102nd Street Corona, NY 11368

  • Price: $2,680,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 37 min ago
  • MLS #: 3550423
0
Beds
0
Baths
0
½ Baths
0.06
Acres
2015
Built
Neighborhood:
Queens
County:
Queens
Area:
Queens
Property Description
Legal 7-family located in a highly sought-after area of Corona offering over 6% CAP rate. The property comprises one duplex 3-bedroom unit and six 1-bedroom units, all of which are currently fully leased, and all units are sub-metered, Tenant pays their own utilities making it a low-maintenance investment opportunity. The property has significant tax savings with a 421 tax abatement, the property is expected to generate strong cash flow and appreciate in value over time.Situated in the vibrant neighborhood of Corona, residents benefit from the convenience of being close to a plethora of amenities, including shopping centers, restaurants, schools, parks, and public transportation options.
Exterior Features

Cross Street Lewis Ave Overhead Door 0

Interior Features

Heating Natural GasBaseboard

Property Features

Building Size 25 ft x 51.5 ft Current Use Residential MLSArea Minor 11 Potential Rental Income YN Yes Property Sub Type Mixed Use Sewer Public Sewer Tax Annual Amount 1716 Tax Annual Amount1 1716 Zoning Description R6B

Listing courtesy of Li Li of B Square Realty Inc: 646-889-9988
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2024-07-21T00:18:35.177.
 
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