111-15 37 Avenue, Corona, NY 11368

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$1,895,000
Active for Sale
 
Listing ID 11190013
Property Type Multi-Unit (5+)
County Queens
Township Corona
Neighborhood Flushing
Total Tax $2,994
FEMA Flood Map fema.gov/portal
Year Built 2006
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Great potential- 4 Family, boxed rooms in the heart of Corona.

Great opportunity to invest in a newly constructed building receiving a 421A tax abatement. Large spacious box room apartments with 3 Bedrooms and 2 bathrooms each. 1 much need parking space is included. Near mass transportation and potential is endless
Property Details
  • 8 Full Baths
  • 4830 SF
  • Built in 2006
  • 4 Stories
  • Available 7/11/2023
Unit Information
Unit #1 – Rent Price: 2119, Bedrooms: 3, Full Baths: 2, Occupied
Unit #2 – Rent Price: 1750, Full Baths: 2, Occupied
Unit #3 – Rent Price: 1818, Full Baths: 2, Occupied
Unit #4 – Rent Price: 1768, Full Baths: 2, Occupied
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Flat Roof
  • Municipal Water
  • Municipal Sewer
  • Open Porch
  • Near Bus
  • Near Train
Community Details
  • Walk-up (Bldg. Style)
Commercial Info
  • 4% Cap. Rate
Income/Expenses
  • Gross Income $89,448
  • Net Income $75,235
  • Management Exp $2,400
  • Insurance Exp $1,513
  • Electric Exp $1,597
  • Water Exp $5,709
  • Total Exp $14,213
  • Paid by Landlord: Water, Insurance, Ord. Maint., Struct. Maint., Ground Maint.
Taxes and Fees
  • $2,994 City Tax
  • $2,994 Total Tax
  • Tax Year 2023
Listed By
TIP TOP REALTY MANAGEMENT CORP
Office: 718-541-1077
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