Relatively young multi family building in the heart of Corona.


Property

Website: https://www.nestseekers.com/5254457
Address:
New York, NY 11368
Ownership: For Sale
Type: Unknown
Bedrooms: 6 BR
Bathrooms: 4

Financials

Price:$2,900,000
Annual Taxes:$13,200

Description

Relatively young multi family building in the heart of Corona. This building consists of 6 units in total. it has 2 one bed rooms, 2 two bedrooms, 1 four bedroom with two baths a stationary store on the first floor and a full finished basement. The total rent roll is 19,799. Expenses are approximately 2,050 per month. The building is rent stabilized for the next 14 years due to an abatement given when building was constructed. Based on current NOI the cap rate is approximately 7%. This building Is Ideal if you don't drive because its one block from the number 7 train that takes you into the city. Walking distance to shopping makes it a haven for a good rental property.

Amenities

  • Cable Connected
  • Electricity Connected
  • High Speed Internet
  • Natural Gas Connected

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of True Homes Inc