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Price:
$2,350,000
Type:
Townhouse
Bedrooms:
Bathrooms:
Size:
11
7
5,000
Web ID:
Status:
150902
ACTIVE
 

Description

Rare multi-family investment opportunity in Corona, Queens! Located on the corner of 50th Avenue and Corona Avenue, this legal 4 family building offers great rent on each unit and consistent, timely tenants that are well situated. Ideally located close to Queens Center Mall, Flushing Meadow Park, and Citi Field, Corona is an up and coming neighborhood that makes for a smart investment. The building itself has been recently developed, including new boilers, new water heater, new bathrooms, and new stainless steel kitchen appliances. Rent roll: 1st floor: 2 Bed/1 bath, tenants paying $1800 2nd floor: 3 Bed/2 bath, tenants paying $2200 3rd floor: 3 Bed/2 bath, tenants paying $2200 4th floor: 3 Bed/2 bath, tenants paying $2200 Building offers a finished basement with 1000 square feet of available storage and a backyard recently paved with concrete. Each unit offers 1000 square feet of usable space - 5000 square feet in all. Tax abatement until 2029! Don’t miss out on this unique opportunity! Brokers welcome – contact exclusive broker Chris Yong to schedule an appointment. .^^^
Rare multi-family investment opportunity in Corona, Queens! Located on the corner of 50th Avenue and Corona Avenue, this legal 4 family building offers great rent on each unit and consistent, timely tenants that are well situated.

Ideally located close to Queens Center Mall, Flushing Meadow Park, and Citi Field, Corona is an up and coming neighborhood that makes for a smart investment.

The building itself has been recently developed, including new boilers, new water heater, new bathrooms, and new stainless steel kitchen appliances.

Rent roll:

1st floor: 2 Bed/1 bath, tenants paying $1800
2nd floor: 3 Bed/2 bath, tenants paying $2200
3rd floor: 3 Bed/2 bath, tenants paying $2200
4th floor: 3 Bed/2 bath, tenants paying $2200

Building offers a finished basement with 1000 square feet of available storage and a backyard recently paved with concrete. Each unit offers 1000 square feet of usable space - 5000 square feet in all.

Tax abatement until 2029!

Don’t miss out on this unique opportunity! Brokers welcome – contact exclusive broker Chris Yong to schedule an appointment. .
Listing Content Provided By: Chris Yong
Terrace
Outdoor Space
Dishwasher
 

Listing Agents

Listing ID #150902
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Comments:
Chris Yong Chris Yong Chris Yong (917) 751-7028
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