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Corona, Queens, NY 11368
Property Type
Multi Family
Central AC
No
Year Built
2005
Listing courtesy of Qian Huang of Lin Pan Realty Group LLC.
Located at the Heart of Corona, this Impressive Four-story Brick Walk-up Represents a Premier Investment Opportunity with a Robust 6.25% Cap Rate. The Property is Fully Occupied, offering a Stable and Consistent Cash Flow underpinned by Severn Rent-Stabilized Residential Units and Two Established Community Facility Units, currently utilized as a Religious Center and a Professional Herbal Treatment Center. The building is Designed for Operational Efficiency, featuring Individual Gas and Electric Meter and Sprinklers throughout. Situated just a Short Walk from Roosevelt Avenue, the Property Offers Immediate Access to a Bustling Corridor of Commerce and Dining. The Easy Subway Access nearby Provides a Direct and Efficient Commute to Manhattan and Flushing, ensuring High Long-term Occupancy and Exceptional Value for any Savvy Investor.
0.06 Acres
0
Queens
Corona
Multi Family
2005
Brick
9
4
2005
Corona
Queens
No Garage, None
Finished, Full
Yes - Wall/Window Unit(s)
Yes
Yes - Natural Gas
0
Public
Total$12,528.56/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. 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 deemed reliable but not guaranteed.