90-44 Corona Avenue, Elmhurst, NY 11373

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$1,628,000 Sold Price
Sold on 8/22/2023
 
Listing ID 11175522
Property Type Commercial
County Queens
Township Elmhurst
Neighborhood Elmhurst
School NEW YORK CITY GEOGRAPHIC DISTRICT #24
Total Tax $9,261
FEMA Flood Map fema.gov/portal
Year Built 1916
   
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Prime investment opportunity located in Elmhurst!

Attention all investors! Introducing a prime investment opportunity for you! Located in Elmhurst, this excellent 4 Family Home + Store Front Brick property is perfect for those looking to expand their real estate portfolio. This property offers a commercial space on the first floor and four 1-Bedroom Apartments, two units on each floor. It has a total rental income of $101,940 per year and total expenses of $21,128.05. With its convenient location near shops, schools, and public transportation, this property is sure to attract tenants and generate a steady stream of income.
Property Details
  • 4 Full Baths
  • 2 Half Baths
  • 2970 SF
  • 1738 SF Lot
  • Built in 1916
  • 3 Stories
  • Available 5/12/2023
  • Full Basement
Interior Features
  • Steam Radiators
  • 1 Heat/AC Zones
  • Natural Gas Fuel
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Municipal Water
  • Municipal Sewer
  • Near Bus
  • Near Train
Income/Expenses
  • Gross Income $101,940
  • Insurance Exp $3,750
  • Electric Exp $1,043
  • Water Exp $3,040
  • Total Exp $21,128
Taxes and Fees
  • $9,261 Total Tax
Sale Information
  • Sold on 8/22/2023
  • Sold for $1,628,000
  • Buyer's Agent: Qiao Mei Zhen
  • Company: Winzone Realty Inc.
Previously Listed By
NY SUPERIOR REALTY
Office: 718-205-7770
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