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$ 2,680,000
Est. payment | /mo
$ 2,680,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYL3550423
Originating Board onekey2
Rental Info No
Year Built 2015
Annual Tax Amount $1,716
Lot Dimensions 25x100
Property Description
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
Location
State NY
County Queens
Interior
Heating Natural Gas, Baseboard
Fireplace No
Exterior
Private Pool No
Building
Sewer Public Sewer
Others
Special Listing Condition None
Listed by B Square Realty Inc
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