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$ 2,390,000
Est. payment /mo
Active
38-19 99th ST Corona, NY 11368
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 986275
Rental Info No
Year Built 2005
Annual Tax Amount $6,098
Property Sub-Type Multi Family
Source onekey2
Property Description
Located at the Heart of Corona, this Impressive Four-story Brick Walk-up Represents a Premier Investment Opportunity with a Robust 6.25% Cap Rate. The Property is Fully Occupied, offering a Stable and Consistent Cash Flow underpinned by Severn Rent-Stabilized Residential Units and Two Established Community Facility Units, currently utilized as a Religious Center and a Professional Herbal Treatment Center. The building is Designed for Operational Efficiency, featuring Individual Gas and Electric Meter and Sprinklers throughout. Situated just a Short Walk from Roosevelt Avenue, the Property Offers Immediate Access to a Bustling Corridor of Commerce and Dining. The Easy Subway Access nearby Provides a Direct and Efficient Commute to Manhattan and Flushing, ensuring High Long-term Occupancy and Exceptional Value for any Savvy Investor.
Location
State NY
County Queens
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features None
Utilities Available Electricity Available, Natural Gas Available, Trash Collection Public, Water Connected
Building
Story 4
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Contact Agent
Middle Schools Is 61 Leonardo Da Vinci
High Schools Queens24
School District Queens24
Others
Special Listing Condition None
Listed by Lin Pan Realty Group LLC • Qian Huang
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3505 Veterans Memorial Hwy, Suite L, Ronkonkoma, NY, 11779, USA