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Corona, Queens, NY 11368
Property Type
Quadruplex
Central AC
No
Year Built
1930
RE Tax
$17,310 (Monthly)
Listing courtesy of Xun Lin of New Group Realty Inc.
Full gut renovated, semi-detached all-brick 3-story property boasting a 20x60 building size on a 25x100 lot, plus a full basement with separate entrance.High-yield layout features 1 prime storefront, 5 spacious residential apartments (ALL 3-Bedroom units), and 3 detached garages. Features separate utilities with 5 gas meters and 6 electric meters. Every unit is equipped with its own in-unit washer and dryer, split-system A/C. Strong cash-flowing investment property generating $283,284 in gross annual income with low annual expenses of $37,460, delivering an impressive Net Operating Income (NOI) of $245,823 and a 6.5% CAP rate. 100% FREE MARKET. Unbeatable location just steps from the #7 subway train and multiple bus lines in a high-foot-traffic commercial corridor. Must see!
0
Queens
Corona
Quadruplex
$17,310 (Monthly)
1930
Brick
6
1930
Corona
Queens
Detached, Garage
$17,310 (Monthly)
Full, Storage Space
Yes - Electric, Multi Units
Yes
Yes - Electric, Other
High Ceilings, Other
0
Public
Total$37,125.04/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
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