Excellent investment opportunity in the heart of Corona, Queens.


Property

Website:https://www.nestseekers.com/5652211
Address:
New York, NY 11368
Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio

Financials

Price:$3,500,000
Annual Taxes:$64,013

Description

Excellent investment opportunity in the heart of Corona, Queens. This package consists of two well-maintained, solid-brick buildings containing a total of 32 residential units, with 16 units in each building. The unit mix includes 21 one-bedroom apartments, and 11 two-bedroom Sale includes a package with 98-15 34th Avenue for a combined asking price of $7,250,000. Excellent investment opportunity in the heart of Corona, Queens. This package consists of two well-maintained, solid-brick buildings containing a total of 32 residential units, with 16 units in each building. The unit mix includes 21 one-bedroom apartments and 11 two-bedroom apartments. Of the 32 units, 30 are rent stabilized and 2 are rent controlled. Each building measures approximately 40 x 90 on a combined 80 x 100 lot. The properties are conveniently located near major roadways, schools, shopping, banks, restaurants, and other neighborhood amenities. Public transportation is easily accessible, including the 7 train at Roosevelt Avenue and Junction Boulevard, as well as nearby bus service along Northern Boulevard. The buildings offer strong potential for future rental growth and long-term appreciation, making this a compelling opportunity for an investor seeking a substantial multifamily asset in Queens. apartments. Of the 32 units, 30 are rent stabilized and 2 are rent controlled. Each building measures approximately 40 x 90 on a combined 80 x 100 lot. The properties are conveniently located near major roadways, schools, shopping, banks, restaurants, and other neighborhood amenities. Public transportation is easily accessible, including the 7 train at Roosevelt Avenue and Junction Boulevard, as well as nearby bus service along Northern Boulevard. The buildings offer strong potential for future rental growth and long-term appreciation, making this a compelling opportunity for an investor seeking a substantial multifamily asset in Queens.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Telemundo Realty Corp