53-12 102nd Street Corona, NY 11368
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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyQueens
- Taxes$1,716
- HOA/Condo/Coop Fees$0
- Days on Site16 Days
- MLS StatusActive
- MLS ID Number3550423
- Home Size Source N/A
- Year Built2015
- Lot Size0.06 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Sewer Public Sewer
- Acreage 0.06
- Zoning R6B
- Cross Street Lewis Ave
- Property Sub Type Mixed Use
Interior Features
- Heating Natural GasBaseboard
Community Features
- Township Queens