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53-12 102nd Street Corona, NY 11368
$2,680,000
  • For Sale
  • 9 Bedrooms
  • 8 Full Baths
  • 5116 SqFt
  • Year Built 2015
  • Multi Family
  • ML# 3588292

Property Details

Overview

Legal 7-family located in a highly sought-after area of Corona offering over 6% CAP rate. The property comprises one duplex 3-bedroom unit and six 1-bedroom units, all of which are currently fully leased, and all units are sub-metered, Tenant pays their own utilities making it a low-maintenance investment opportunity. The property has significant tax savings with a 421 tax abatement, the property is expected to generate strong cash flow and appreciate in value over time. Situated in the vibrant neighborhood of Corona, residents benefit from the convenience of being close to a plethora of amenities, including shopping centers, restaurants, schools, parks, and public transportation options.

Key Facts

  • SqFt: 5116.00
  • Style: Mid-Rise
  • Lot Size: 0.06
  • Lot Sq Ft: 2500
  • Taxes: $1,716
  • School District#: 11
  • Block: 1938
  • Lot: 19

Additional Features

  • Construction Materials: Brick
  • Interior Features: 
    First Floor Bedroom
  • Garage: 0.0
  • Parking Spaces: Yes
  • Parking Facilities: Other
  • Wood Floors: Yes

Rooms & Floor Plans

  • Bedroom: 9
  • Full Bath: 8
  • Other: 7

Interior & Utilities

  • Refrigerator: Yes
  • Stoves: Yes
  • Heat: Natural Gas, Baseboard
  • A/C: None
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $1,716
Listing Information provided courtesy of B Square Realty Inc  646-889-9988
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