103-01 37th Avenue, Corona, NY 11368
Auction
$1,625,000
Estimated Value
In Contract on 3/12/2024
Listing ID |
11255034 |
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Property Type |
Commercial Building |
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County |
Queens |
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Township |
Corona |
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Total Tax |
$21,352 |
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Tax ID |
01745-0032 |
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FEMA Flood Map |
fema.gov/portal |
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Year Built |
1930 |
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Bankruptcy Auction Sale of Mixed-Use Property
This mixed-use property sells via online auction on Thursday, March 14, 2023 @ 11:00 a.m. (EST). The auction sale will be conducted using the Zoom platform. Only bidders who qualify to bid on the property pursuant to the Terms and Conditions of Sale will receive a link to participate in the sale. To qualify to bid on the property, by Tuesday, March 12, 2023 @ 5:00 p.m. (EST), each prospective bidder must: (i) tender to the auctioneer the completed Registration Form; (ii) tender to the auctioneer the signed Terms & Conditions of Sale' and (iii) tender to the auctioneer the required deposit which is a cashier's check in the amount of $162,500 made payable to "Richard J. McCord as Trustee". The opening bid for the property at the auction sale is $1,625,000. Please contact the broker for a copy of the Terms and Conditions of Sale and Registration Form.
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- 4 Full Baths
- 1 Half Bath
- 4160 SF
- 2500 SF Lot
- Built in 1930
- 3 Stories
- Gross Income $105,600
- Net Income $55,704
- Maintainence Exp $8,000
- Insurance Exp $6,154
- Heat Exp $8,100
- Electric Exp $1,200
- Total Exp $49,896
- Paid by Landlord: Electric, Heat, Water, Cleaning, Insurance
Listing data is deemed reliable but is NOT guaranteed accurate.
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