Exceptional free market mixed use investment opportunity in the heart of Corona.


Property

Website:https://www.nestseekers.com/5637342
Address:
New York, NY 11368
Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.2 Acres

Financials

Price:$3,880,000
Annual Taxes:$146,345

Description

Exceptional free-market mixed-use investment opportunity in the heart of Corona. This well-maintained income-producing property features 10 residential apartments, each offering 2 bedrooms and 1 full bathroom, plus 1 ground-floor commercial unit for diversified rental income. The building includes approximately 8,046 SF of residential space, 1,238 SF of commercial space, and 5,831 SF of additional usable space. A rare highlight is the private driveway and underground garage with approximately 20 parking spaces, providing added convenience and income potential. Ideally located near the 111 Street, 103 Street–Corona Plaza, and Junction Boulevard 7 subway stations, Mets–Willets Point LIRR Station, multiple MTA bus routes, major highways, shopping, restaurants, schools, Flushing Meadows–Corona Park, Citi Field, and the USTA Billie Jean King National Tennis Center. An outstanding opportunity for investors or a 1031 exchange in one of Queens' most desirable and transit-oriented neighborhoods.

Amenities

  • Cooktop
  • Electricity Connected
  • Natural Gas Connected
  • Oven
  • Refrigerator
  • Water Connected

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Skylux Realty Inc