3819 99th St - Apartments FOR SALE


Corona, NY 11368- North Corona
$2,400,000 USD
646-853-9935
3819 99th St, Corona, NY for Sale
$2,400,000 USD
Apartments - FOR SALE
1/9
null | 6.21% Cap Rate

3819 99th St
Corona, NY 11368
North Corona


OVERVIEW

For Sale: Prime 9 units Mixed-Use Property in Corona, Queens Location: Perfectly situated just 3 blocks from the Junction Blvd. #7 train station and 1 block from bustling Roosevelt Avenue, this mixed-use property is in the heart of vibrant Corona, Queens. Property Details: Build 2005. 4 Stories. 5184 Square Feet • Gross Annual Income: $180,480 • Net Operating Income: $149,034 • Units: 7 one-bedroom apartments and 2 retail stores, offering diverse and stable income streams. • Tax Abatement: Enjoy significant savings with 5 years remaining on the abatement. • Condition: Well-maintained with minimal upkeep required. Key Features: • Prime Location: High-traffic area close to shopping, dining, and essential services. Neighborhood Amenities: Near schools, parks, and cultural attractions. •Tenant Appeal: Proximity to the #7 train and Roosevelt Avenue enhances desirability for both residential and commercial tenants. • Steady Income: Fully rented apartments and retail spaces generate strong, reliable cash flow. This is an exceptional opportunity for investors seeking a turnkey property in a thriving neighborhood. Contact Barry today at 9176980262 for more information or to schedule a viewing.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$277 USD /SF

# OF UNITS

7

PRICE/UNIT

$342,857

CAP RATE

6.21%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2005

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,425 SF

ZONING

R5

APN/PARCEL ID

01765-0027

ASK ABOUT THIS PROPERTY

Boubacar BarryOxford Property GroupMore Info
646-853-9935

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Boubacar BarryOxford Property GroupMore Info
646-853-9935

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