Active
No Longer Available
About this Property
Wonderful Investment Opportunity w/ Upside Potential to New Buyer. One-of-a-kind Corner 4 Family Building w/ Common Area is convenient to many restaurants and transit along the bustling Corona Ave. Common Area has tremendous upside potential. Projected Cap Rate: 6.5%+. All units are tenant occupied with leases expiring within a year.
Location is less than a 5 minute drive to Long Island Expressway and approximately a total 20 minute drive to Midtown Manhattan. Less than a 5 minute drive to Queens Center Mall, Queens Zoo, Flushing Meadows Corona Park, and Queens Museum. NYC Simeone Park is less than a 3 minute walk or a 7 minute walk to William F Moore Park with Bocce Courts available.
Details
- Status:No Longer Available
- Size:3480 Sq Ft
- Lot Size:1880
- Type:Multi-family
- Year Built:1931
Location
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4
BA
9 BD