11050-11052 Corona Ave - Apartments FOR SALE


Flushing, NY 11368
$3,200,000 USD
917-806-7040
11050-11052 Corona Ave, Flushing, NY for Sale
$3,200,000 USD
Apartments - FOR SALE
1/34
null | 4.11% Cap Rate

11050-11052 Corona Ave
Flushing, NY 11368


OVERVIEW

A prime Corona location 1990 construction 14 Unit Building at 110-50 & 110-52 Corona Ave, Corona, NY, 11368..... 14 boilers, 14 gas meters, 15 electric meters. Unique construction: 8 Apartments are duplex apartments featuring Six 2 Bedroom apartments....Six 1 Bedroom apartments... and 2 Studios.... There are 4 front Parking spots in front of the building...... Strong construction with wooden tiles on top of concrete floors in the apartments. Hallways have cement/concrete floors with steel railings....... Gross Income: $227,976. Net Income: $131,558...... Great Location only 2 blocks to Long Island Expressway service road...... 4 Blocks to Forest Hills...... Only 1.5 Blocks to Terrace on the Park and Flushing Meadows Park. Download Attached Marketing Brochure. Here is the Property Video: https://youtu.be/Eu9SAomdRWk For Appointment and financials contact exclusive broker: *Victor Weinberger of Re/Max Team *917-806-7040 (cell) 917-591-8000 (eFax) *718-429-4400 (office) *E-mail: VWremax@gmail.com *Web: http://www.VictorWeinberger.com

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$328 USD /SF

# OF UNITS

14

PRICE/UNIT

$228,571

CAP RATE

4.11%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,674 SF

ZONING

R6B

APN/PARCEL ID

01968-0021

ASK ABOUT THIS PROPERTY

Victor WeinbergerVictor Weinberger of REMAX TeamMore Info
917-806-7040

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Victor WeinbergerVictor Weinberger of REMAX TeamMore Info
917-806-7040

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