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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 890894
Rental Info No
Year Built 1927
Annual Tax Amount $62,550
Property Sub-Type Multi Family
Source onekey2
Property Description
Nestled in the heart of vibrant Corona. Well maintained. Twin buildings with a total 32 units, solid brick. 30 units are rent stabilized, 2 units are rent controlled, and 21 units of 1 bedroom, 11 units of 2 bedroom. Annual actual Gross income $600,204. Income rate is 5% Cap. The property are located close to main roads, with easy access to local amenities such as School, shopping, bank and various eateries. Near 7 train Subway station on Roosevelt Ave & Junction Blvd, Bus station on Northern Blvd. **Be Sold As a package deal with 33-54 99th St . Total $8,000,000 **Lot Size 80x100 (Building Size 40x90 each) Those buildings have tremendous upside for rental income and long-term appreciation. Don't miss this opportunity to own a high potential asset in one of Queens.
Location
State NY
County Queens
Rooms
Basement Full, Unfinished
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
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Listed by New Group Realty Inc