CORONA investment opportunity 7% cap rate - Built in 2008, well maintained
TWO multi family buildings (not one) that are contiguous
Strategically located in well-established robust Queens neighborhood, proximity to major transit, near Citifield, the NYCFC Soccer Stadium, Metropolitan Park and the proposed CASINO's which will create excellent appreciation as the area transforms.
Offering 12 fully occupied apartments, with separate gas meters, electric meters and heating units, and a 421a tax abatement, translates to low operating costs and high NOI.
Easy management and turn-key presents a high-yield investment with immediate income and long-term upside in one of NYC’s most in-demand rental markets. Positioned for long-term grown. Robust neighborhood.