3819 99th St - Apartments FOR SALE


Corona, NY 11368- North Corona
$2,390,000 USD
646-785-1699
3819 99th St, Corona, NY for Sale
$2,390,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

3819 99th St
Corona, NY 11368
North Corona


OVERVIEW

Located at the Heart of Corona, this Impressive Four-story Brick Walk-up Represents a Premier Investment Opportunity with a Robust 6.25% Cap Rate. The Property is Fully Occupied, offering a Stable and Consistent Cash Flow underpinned by Severn Rent-Stabilized Residential Units and Two Established Community Facility Units, currently utilized as a Religious Center and a Professional Herbal Treatment Center. The building is Designed for Operational Efficiency, featuring Individual Gas and Electric Meter and Sprinklers throughout. Situated just a Short Walk from Roosevelt Avenue, the Property Offers Immediate Access to a Bustling Corridor of Commerce and Dining. The Easy Subway Access nearby Provides a Direct and Efficient Commute to Manhattan and Flushing, ensuring High Long-term Occupancy and Exceptional Value for any Savvy Investor.

FOR SALE DETAILS

PRICE

$2,390,000 USD

PRICE/SF

$276 USD /SF

# OF UNITS

7

PRICE/UNIT

$341,429

CAP RATE

Request Cap Rate

% 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

Qian HuangLin Pan Realty GroupMore Info
646-785-1699

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Qian HuangLin Pan Realty GroupMore Info
646-785-1699

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