7 Unit Building In The Heart Of Queens-6 units of One-bedroom & 1 unit of two-bedrooms. Basement: Utility Room, Rooms, Bath, Access To The Backyard. 1 F 2 Bedrooms, 2 Full Baths, Lr/ Dr, Kitchen. All other units 1 Bedroom & 1 Full Bath, Living Room & Kitchen. Strong Cash Flow Investment. Walk to the subway station for 10 Minutes. Prime Location Close to Shopping, Laundromat, and Highways. This building is being sold as a whole, but investors can sell each unit separately as a condominium. Please Verify And Contact your Attorney. No Rent Stabilize! 7 Unit Building In The Heart Of Queens-6 units of One-bedroom & 1 unit of two-bedrooms. Basement: Utility Room, Rooms, Bath, Access To The Backyard. 1 F 2 Bedrooms, 2 Full Baths, Lr/ Dr, Kitchen. All other units 1 Bedroom & 1 Full Bath, Living Room & Kitchen. Walk to the subway station for 10 Minutes. Prime Location Close to Shopping, Laundromat, and Highways. This Building Is Being Sold As A Whole. Investor Also Can Sell By Each Condo. Please Verify And Contact your Attorney. This Is A Rare Chance To Acquire A Solid Performing Asset In A Desirable Location With Stable Income And Upside Potential. Excellent Opportunity For Investors Seeking Strong Cash Flow And Long-term Growth Potential. Ideal For Investors Or 1031 Exchange Buyers. Opportunity For Future Rental Growth. Approx. 5.5% Cap Rate With Strong Income And No Rent Stabilized Units. Do Not Miss The Opportunity!!!
| MLS # | 934621 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 2007 |
| Days On Site | 334 |
| Listing Provided By | Douglas Elliman Real Estate | Lily Widjaja |
| SQ Feet | 4,645 |
|---|---|
| Basement | Y |
| Story(s) | 4 |
| Units | 7 |
| Building(s) | 1 |
| Acreage | 0.06 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard |
| Appliances | Gas Cooktop, Gas Oven, Refrigerator, Gas Water Heater |
| Security Features | Fire Alarm, Fire Escape, Fire Sprinkler System |
|---|---|
| Construction Materials | Brick |
| Parking Features | On Street |
|---|
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 1980 |
| State | NY |
|---|---|
| County | Queens |
| City | Corona |
| Zip Code | 11368 |
| School District | High School For Arts & Business |
| Elementary School | Ps 14 Fairview |
| High School | High School For Arts & Business |
| Listing VS Median (in 11368) | |
Price: $2,099,999 low | high Med: $854,500 sqft: 4,645 low | high Med: 2,708 $ / sqft: $452 low | high Med: $371 On site: 334 low | high Med: 80 | |
| State | NY |
|---|---|
| County | Queens |
| City | Corona |
| Zip Code | 11368 |
| School District | High School For Arts & Business |
| Elementary School | Ps 14 Fairview |
| High School | High School For Arts & Business |
| Listing VS Median (in 11368) | |
Price: $2,099,999 low | high Med: $854,500 sqft: 4,645 low | high Med: 2,708 $ / sqft: $452 low | high Med: $371 On site: 334 low | high Med: 80 | |
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