9926 41st Ave - Apartments FOR SALE


Corona, NY 11368
$1,998,000 USD
917-900-8066
9926 41st Ave, Corona, NY for Sale
$1,998,000 USD
Apartments - FOR SALE
1/18
null | 7.64% Cap Rate

9926 41st Ave
Corona, NY 11368


HIGHLIGHTS

  • 3 Mins Walk to #7 Train Station
  • Most apartments were renovated recently
  • Updated electrical system & new roof
  • Strong Rental Income

OVERVIEW

Excellent investment opportunity! Solid brick 9-family building with a cap rate of over 7% and stable rental income. Most units have been recently renovated, and the property features all-new electrical wiring. Ideally located just a 3-minute walk from the #7 subway station, providing convenient access to transportation and local amenities. All units are currently occupied on a month-to-month basis, offering flexibility for future owners. Building size: 20' x 80'.

FOR SALE DETAILS

PRICE

$1,998,000 USD

PRICE/SF

$263 USD /SF

# OF UNITS

9

PRICE/UNIT

$222,000

CAP RATE

7.64%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R6B

APN/PARCEL ID

01616-0016

ASK ABOUT THIS PROPERTY

Alice Xin ZhangBillion Homes Realty Corp.More Info
917-900-8066

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Alice Xin ZhangBillion Homes Realty Corp.More Info
917-900-8066

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