Property
| Ownership: | Unknown |
|---|---|
| Type: | Commercial |
| Bedrooms: | Studio |
| Lot Size: | 6088 sq ft |
FinancialsPrice: $2,226,000 Annual Taxes: $22,287
| Price: | $2,226,000 |
|---|---|
| Annual Taxes: | $22,287 |
DescriptionThis exceptional package deal includes a mixed-use property and an adjacent vacant lot, all in a prime Corona location. The mixed-use property features a three-family building with a commercial store (Deli) on the ground floor and a one-bedroom apartment. The second and third floors each have a spacious four-bedroom apartment. Situated near a variety of businesses, stores, Houses of Worship, and convenient transportation options including the 7 subway line and Q23 + Q48 bus lines. With a total income of $115,200 per year, this presents a lucrative and strategic opportunity for any buyer. Plus the adjacent vacant lot holds the potential to unlock even greater income possibilities! Cap Rate: 5.25% Rental Income: Grocery Store + 1 Bedroom Apartment $4,500 (2 more years on lease with option to 5 more); 2nd flr - 4 Bedroom Apt $2,500 exp. 01/2024; 3nd flr - 4 Bedroom Apt $2,600, no lease
Neighborhood
This exceptional package deal includes a mixed-use property and an adjacent vacant lot, all in a prime Corona location. The mixed-use property features a three-family building with a commercial store (Deli) on the ground floor and a one-bedroom apartment. The second and third floors each have a spacious four-bedroom apartment. Situated near a variety of businesses, stores, Houses of Worship, and convenient transportation options including the 7 subway line and Q23 + Q48 bus lines. With a total income of $115,200 per year, this presents a lucrative and strategic opportunity for any buyer. Plus the adjacent vacant lot holds the potential to unlock even greater income possibilities! Cap Rate: 5.25% Rental Income: Grocery Store + 1 Bedroom Apartment $4,500 (2 more years on lease with option to 5 more); 2nd flr - 4 Bedroom Apt $2,500 exp. 01/2024; 3nd flr - 4 Bedroom Apt $2,600, no lease
This exceptional package deal includes a mixed use property and an adjacent vacant lot, all in a prime Corona location.
DescriptionThis exceptional package deal includes a mixed-use property and an adjacent vacant lot, all in a prime Corona location. The mixed-use property features a three-family building with a commercial store (Deli) on the ground floor and a one-bedroom apartment. The second and third floors each have a spacious four-bedroom apartment. Situated near a variety of businesses, stores, Houses of Worship, and convenient transportation options including the 7 subway line and Q23 + Q48 bus lines. With a total income of $115,200 per year, this presents a lucrative and strategic opportunity for any buyer. Plus the adjacent vacant lot holds the potential to unlock even greater income possibilities! Cap Rate: 5.25% Rental Income: Grocery Store + 1 Bedroom Apartment $4,500 (2 more years on lease with option to 5 more); 2nd flr - 4 Bedroom Apt $2,500 exp. 01/2024; 3nd flr - 4 Bedroom Apt $2,600, no lease
Neighborhood
This exceptional package deal includes a mixed-use property and an adjacent vacant lot, all in a prime Corona location. The mixed-use property features a three-family building with a commercial store (Deli) on the ground floor and a one-bedroom apartment. The second and third floors each have a spacious four-bedroom apartment. Situated near a variety of businesses, stores, Houses of Worship, and convenient transportation options including the 7 subway line and Q23 + Q48 bus lines. With a total income of $115,200 per year, this presents a lucrative and strategic opportunity for any buyer. Plus the adjacent vacant lot holds the potential to unlock even greater income possibilities! Cap Rate: 5.25% Rental Income: Grocery Store + 1 Bedroom Apartment $4,500 (2 more years on lease with option to 5 more); 2nd flr - 4 Bedroom Apt $2,500 exp. 01/2024; 3nd flr - 4 Bedroom Apt $2,600, no lease
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.