Remarks

Nestled in the heart of vibrant Corona. Well maintained. Twin buildings with a total 32 units, solid brick. 30 units are rent stabilized, 2 units are rent controlled, and 21 units of 1 bedroom, 11 units of 2 bedroom. Annual actual Gross income $600,204. Income rate is 5% Cap. The property are located close to main roads, with easy access to local amenities such as School, shopping, bank and various eateries. Near 7 train Subway station on Roosevelt Ave & Junction Blvd, Bus station on Northern Blvd. **Be Sold As a package deal with 33-54 99th St . Total $8,000,000 **Lot Size 80x100 (Building Size 40x90 each) Those buildings have tremendous upside for rental income and long-term appreciation. Don't miss this opportunity to own a high potential asset in one of Queens.

Details

MLS#: 890894
Price: $4,000,000

Style: Multi Family
Sq Ft: 11280
Year Built: 1927

County: Queens
Tax Fee: 62550