Listed by RE/MAX Team
$3,200,000
110-50-52 Corona Avenue
Details
APN 01968-0021
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 14
NOI $131,558
Year Built 1990
Acreage 0.106
Zoning R6B
Multifamily | 14 Units
Marketing description
For Sale: A prime Corona location1990 construction 14 Unit Building at 110-50 & 110-52 Corona Ave, Corona, NY, 11368......
14 boilers, 14 gas meters, 15 electric meters. Unique construction: 8 Apartments are duplex apartments featuring Six 2 Bedroom apartments....Six 1 Bedroom apartments... and 2 Studios....There are 4 front Parking spots in front of the building......Strong construction with wooden tiles on top of concrete floors in the apartments. Hallways have cement/concrete floors with steel railings.......Gross Income: $227,976. Net Income: $131,558...... Great Location only 2 blocks to Long Island Expressway service road...... 4 Blocks to Forest Hills...... Only 1.5 Blocks to Terrace on the Park and Flushing Meadows Park.
Listing Contacts
Listed by RE/MAX Team
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$131,558.00
$10,963.17/mo
Valuation Metrics
0
DSCR
4.11%
Cap Rate
4.11%
ROI
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