10422 Corona Ave - Apartments FOR SALE


Corona, NY 11368
$2,986,000 USD
917-577-7400
10422 Corona Ave, Corona, NY for Sale
$2,986,000 USD
Apartments - FOR SALE
1/7
null | 6.7% Cap Rate

10422 Corona Ave
Corona, NY 11368


OVERVIEW

Brand new 6-family building completed in 2025, located at 104-22 Corona Ave in a high-demand rental area of Corona. The property offers approx. 4,930sqft. of building space on a 2,202sqft. lot, with zoning R6B and C2-3 overlay. Estimated CAP rate is 6.2% with projected stable cash flow. Annual real estate tax is approx. $22,000. Excellent location close to transportation, shopping, schools, and major highways. Ideal for investors seeking a turnkey income-producing asset with strong long-term upside.

FOR SALE DETAILS

PRICE

$2,986,000 USD

PRICE/SF

$616 USD /SF

# OF UNITS

6

PRICE/UNIT

$497,667

CAP RATE

6.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

104-22 Corona Ave Multi Family

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R6B

APN/PARCEL ID

01935-0006

ASK ABOUT THIS PROPERTY

Hsin Yuan(Shirly YangE Realty International CorpMore Info
917-577-7400

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Hsin Yuan(Shirly YangE Realty International CorpMore Info
917-577-7400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.