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104-14 37th Avenue

Corona, NY 11368
  • $1,478,000
  • STATUS: Pending
  • ON SITE: 142 Days
  • MLS #: 3510432
Pending
UPDATED: 33 min ago
$1,478,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

This prime Corona mixed-use property offers an excellent investment opportunity with a cap rate of 5.5%. The building features a three-family layout with a commercial store (Deli) on the ground floor and a one-bedroom apartment. The second and third floors each house a spacious four-bedroom apartment, both with rear terraces. Situated near a variety of businesses, stores, Houses of Worship, and convenient transportation options including the 7 subway line and Q23 + Q48 bus lines. With a total income of $115,200 per year, this presents a lucrative and strategic opportunity for any buyer and investor. Bsmt - Full/Unfinished - Half Bathroom 1st floor - Grocery Store - 1 Bedroom Apt - $4,500 lease for both units for 2 more years with option to 5 more 2nd floor - 4 Bedroom - Living Room - Kitchen - Full Bathroom and Rear Terrace - $2,500 lease up to 1/24 3rd floor - 4 Bedroom - Living Room - Kitchen - Full Bathroom and Rear Terrace - $2,600 No Lease

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Edge. Data last updated: 2024-03-04T12:19:26.72.
www.remaxedgenyc.com/homes/144377210
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104-14 37th Avenue Corona, NY 11368

  • Price: $1,478,000
  • Status: Pending
  • On Site: 142 Days
  • Updated: 33 min ago
  • MLS #: 3510432
0
Beds
0
Baths
0
½ Baths
0.07
Acres
Neighborhood:
Queens
County:
Queens
Area:
Queens
Property Description
This prime Corona mixed-use property offers an excellent investment opportunity with a cap rate of 5.5%. The building features a three-family layout with a commercial store (Deli) on the ground floor and a one-bedroom apartment. The second and third floors each house a spacious four-bedroom apartment, both with rear terraces. Situated near a variety of businesses, stores, Houses of Worship, and convenient transportation options including the 7 subway line and Q23 + Q48 bus lines. With a total income of $115,200 per year, this presents a lucrative and strategic opportunity for any buyer and investor. Bsmt - Full/Unfinished - Half Bathroom 1st floor - Grocery Store - 1 Bedroom Apt - $4,500 lease for both units for 2 more years with option to 5 more 2nd floor - 4 Bedroom - Living Room - Kitchen - Full Bathroom and Rear Terrace - $2,500 lease up to 1/24 3rd floor - 4 Bedroom - Living Room - Kitchen - Full Bathroom and Rear Terrace - $2,600 No Lease
Exterior Features

Cross Street 104th St

Property Features

Business Type Mixed Current Use Mixed Use Gross Income 115200 MLSArea Minor 11 Net Operating Income 81303 Operating Expense 33896 Potential Rental Income YN Yes Property Sub Type Mixed Use

Listing courtesy of Nora Avalos of NY Superior Realty: 718-205-7770
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Edge. Data last updated: 2024-03-04T12:19:26.72.
 
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