Description
Calling All Investors, Developers, & End-Users!!! 5 Unit Free Market Mixed-Use Property In Corona For Sale!!!The Property Features Excellent Signage, Great Exposure, 6 Parking Spaces, High 10' Ceilings, 3 Br. Apartment, 2 Br. Apartment, (2) 1 Br. Apartments, Laundromat, Separate Meters, 100 Amp Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Corona Just A few Blocks From I-495 & The Grand Central Parkway!!! The Property Is Situated Near LaGuardia Airport, CitiField & The Queens Zoo!!! Neighbors Include Chase Bank, Marriott Hotels, Target, Costco, 7-Eleven, AutoZone, Dunkin', Walgreens, Key Food, Blink Fitness, Mattress Firm, McDonald's, Domino's, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: 1st Floor Apt. (1 Br., 525 Sqft.): $28,200 Ann. (Available) 2nd Floor 1 Br. Apt. (W/ Roof Terrace): $38,200 Ann. 1st Floor Rear 3 Br. Apt. (1,200 Sqft.): $50,200 Ann. (Available) LL Rear 2 Br. Apt. (1,200 Sqft.): $38,600 Ann. Laundromat (1,125 Sqft.): $61,875 Ann. (Available) Gross Income: $178,875 Ann. Expenses: Maintenance & Repairs: $250 Taxes: $17,221.76 Ann. Total Expenses: $17,471.76 Ann. Net Operating Income (NOI): $161,403.24 Ann.
Location
© 2022 - All Rights Reserved. The IDX information on this site is provided exclusively for consumers' personal, non-commercial use. IDX information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data provided on this site is not guaranteed accurate by the MLS. Updated: 4th October, 2023 10:41 PM (UTC)
Listing Office: All Island Estates Realty Corp
Attribution contact: 516-783-5600
