Located at the Heart of Corona, this Impressive Four story Brick Walk up Represents a Premier Investment Opportunity with a Robust 6.
New York, NY 11368
Listing
| Web ID: | 5419474 |
|---|---|
| Website: | https://www.nestseekers.com/5419474 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | Studio |
Financials
Price:$2,390,000
Annual Taxes:$6,098
Description
Located at the Heart of Corona, this Impressive Four-story Brick Walk-up Represents a Premier Investment Opportunity with a Robust 6.25% Cap Rate. The Property is Fully Occupied, offering a Stable and Consistent Cash Flow underpinned by Severn Rent-Stabilized Residential Units and Two Established Community Facility Units, currently utilized as a Religious Center and a Professional Herbal Treatment Center. The building is Designed for Operational Efficiency, featuring Individual Gas and Electric Meter and Sprinklers throughout. Situated just a Short Walk from Roosevelt Avenue, the Property Offers Immediate Access to a Bustling Corridor of Commerce and Dining. The Easy Subway Access nearby Provides a Direct and Efficient Commute to Manhattan and Flushing, ensuring High Long-term Occupancy and Exceptional Value for any Savvy Investor.
Amenities
- Electricity Available
- Natural Gas Available
- Trash Collection Public
- Water Connected
Contact
Listing Courtesy of Lin Pan Realty Group LLC