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53-12 102nd Street Corona, NY 11368
$2,680,000
  • Commercial
  • Year Built 2015
  • Retail
  • ML# 3550423

Property Details

Overview

Legal 7-family located in a highly sought-after area of Corona offering over 6% CAP rate. The property comprises one duplex 3-bedroom unit and six 1-bedroom units, all of which are currently fully leased, and all units are sub-metered, Tenant pays their own utilities making it a low-maintenance investment opportunity. The property has significant tax savings with a 421 tax abatement, the property is expected to generate strong cash flow and appreciate in value over time.Situated in the vibrant neighborhood of Corona, residents benefit from the convenience of being close to a plethora of amenities, including shopping centers, restaurants, schools, parks, and public transportation options., Additional information: Rental Income:Y, Building Size:25 ft x 51.5 ft

Key Facts

  • Lot Sq Ft: 2500
  • Taxes: $1,716
  • Sale or Rent: Sale
  • Zoning: R6B
  • Block: 1938
  • Lot: 19

Additional Features

Interior & Utilities

  • Heat: Natural Gas, Baseboard
  • Sewer: Public Sewer

Financial

  • Taxes: $1,716
Listing Information provided courtesy of B Square Realty Inc  718-939-8388
OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
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Cell: (516) 298-5382
Contact

JUDY FRUITBINE

Licensed Associate Real Estate Broker

Cell: (516) 298-5382 Email: jfruitbine@aol.com