This exceptional package deal includes a mixed use property and an adjacent vacant lot, all in a prime Corona location.


Property

Website:https://www.nestseekers.com/3145589
Address:
104-10-14 37th Avenue
Corona, NY 11368
Cross street:104th Street
Ownership: Unknown
Rooms: 16
Bedrooms: 9 BR
Bathrooms: 3.5
Pets: Pets No
Area: 5139 sq ft
Lot Size: 6088 sq ft

Financials

Price: $2,226,000
Annual Taxes: $22,287

Description

This exceptional package deal includes a mixed-use property and an adjacent vacant lot, all in a prime Corona location. The mixed-use property features a three-family building with a commercial store (Deli) on the ground floor and a one-bedroom apartment. The second and third floors each have a spacious four-bedroom apartment. Situated near a variety of businesses, stores, Houses of Worship, and convenient transportation options including the 7 subway line and Q23 + Q48 bus lines. With a total income of $115,200 per year, this presents a lucrative and strategic opportunity for any buyer. Cap Rate: 5.25% Plus the adjacent vacant lot holds the potential to unlock even greater income possibilities!

Amenities

  • Near Public Transit
  • Near Public Transportation
  • Oven
  • Park
  • Refrigerator

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Courtesy of NY Superior Realty