108-45 Corona AVE 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 3566909
Year Built 2002
Annual Tax Amount $44,375
Lot Size 2,613 Sqft
Property Description
Calling All Investors, Developers, & End-Users!!! 3 Unit Free Market Mixed-Use Building In Corona For Sale!!! The Property Features Excellent Signage, Great Exposure, (2) Free Market Apartments, Strong R6B Zoning, High Ceilings, Separate Meters, Skylight, 6 Parking Spaces, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Corona Just Off The I-495 (LIE) & Grand Central Parkway 1 Block From The Queens The Queens Zoo & Just Minutes From Queens Center!!! Neighbors Include Petco, Mobil, Dunkin' Walgreens, 7-Eleven, Maaco Auto Body Shop, Subway, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: 99 Cent Store + Full LL (4,080 Sqft.): $66,499.32 Ann.; Lease Exp.: 2027 2nd Floor Apt. (3 Br., 1 Bath; 1,600 Sqft.): $48,360 Ann. 3rd Floor Apt. (2 Br., 1 Bath;1,600 Sqft.): $39,600 Ann. Pro Forma Gross Income: $154,459.32 Ann. Expenses: Gas: $0 Ann. Electric: $960 Ann. (Hallway Only) Maintenance & Repairs: $250 Ann. Insurance: $6,820 Ann. Taxes: $44,375.20 Ann. Water & Sewer: $5,778.53 Ann. Total Expenses: $58,183.73 Ann. Net Operating Income (NOI): $96,275.59 Ann.
Location
State NY
County Queens
Zoning R6B
Others
Special Listing Condition None