Corona, Queens, NY 11368
Property Type
Multi Family
Central AC
No
Year Built
2018
Listing courtesy of Hillary Y. Li CBR of Daniel Gale Sothebys Intl Rlty.
Built in 2018, this corner mixed-use property consists of 4 residential apartments plus 1 commercial storefront - offering investors a stable, income-producing asset in the heart of Corona, Queens. All units are currently occupied, allowing the new owner to take over and immediately begin collecting rental income. The building’s modern construction features separate boilers, heating systems, electric meters, and gas meters for each unit, keeping operating costs efficient, with the owner responsible for water. The property also includes 1 deeded PARKING space. These features make the property a low-maintenance, turnkey investment ideal for all investors. Ideally located just a short walk to the 7 Train along Roosevelt Avenue, the property provides convenient transportation to Manhattan and surrounding neighborhoods. Multiple nearby bus lines further enhance accessibility for residents and commercial patrons. Situated only two blocks from Park of the Americas, 6-minute drive to Flushing Meadow Corona Park, and 8-minute drive to Citi Field, the building benefits from a vibrant community with strong residential demand and steady foot traffic supporting the commercial space. The adjacent building at 101-12 43rd Avenue is also available for sale, offering a rare opportunity to purchase both properties as a package deal. An excellent opportunity to acquire a fully occupied, income-generating mixed-use property in one of Queens’ most active rental markets, offering immediate cash flow and long-term appreciation potential. Rent roll and expenses, available upon request.
0.0355 Acres
0
Queens
Corona
Multi Family
2018
Brick
5
4
2018
Corona
Queens
Assigned, Off Street, Parking Lot, Shared Driveway
Full
Yes - Wall/Window Unit(s)
Hardwood, Tile
Yes
Yes - Baseboard, Natural Gas
0
Public
Total$12,518.07/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
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