53-12 102nd ST Active Save Request In-Person Tour Request Virtual Tour
Corona,NY 11368
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3550423
Year Built 2015
Annual Tax Amount $1,716
Lot Size 2,613 Sqft
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.
Location
State NY
County Queens
Zoning R6B
Interior
Heating Natural Gas,Baseboard
Building
Sewer Public Sewer
Others
Special Listing Condition None