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$ 3,490,000
Est. payment /mo
Active
5626 & 5628 Van Cleef ST Corona, NY 11368
2,687 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 976317
Rental Info No
Year Built 2007
Annual Tax Amount $6,900
Lot Size 2,687 Sqft
Acres 0.0617
Property Sub-Type Multi Family
Source onekey2
Property Description
RARE TURNKEY MULTIFAMILY INVESTMENT IN PRIME CORONA! Outstanding 7.2% Cap Rate with a Net Operating Income (NOI) of $251,447. This exceptional property consists of two meticulously maintained, adjacent fireproof buildings built in 2007, offering a total of 14 residential units. One unit is configured as a free-market 3-bedroom, 2.5-bath duplex and may be delivered vacant. Features include private balconies, in-unit washer/dryer, and en-suite bathroom. Remaining units are rent-stabilized and include granite countertops, tiled flooring, and updated bathrooms. Buildings are equipped with sprinkler systems, rubber roofing, finished basement and access to outdoor space. Units are separately metered, with tenants responsible for heat, gas, and electricity. Located within an R6B zoning district with proximity to public transportation, major roadways, and commercial corridors, fully occupied with strong tenant demand.
Location
State NY
County Queens
Rooms
Basement Finished
Interior
Heating Hot Water
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Open
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
Building
Story 4
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 14 Fairview
Middle Schools Is 61 Leonardo Da Vinci
High Schools Queens 25
School District Queens 25
Others
Special Listing Condition None
Listed by Lin Pan Realty Group LLC • Xing Zheng
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