Description
This prime Corona mixed-use property offers an excellent investment opportunity with a cap rate of 5.25%. The building features a three-family layout with a commercial store (Deli) on the ground floor and a one-bedroom apartment. The second and third floors each house a spacious four-bedroom apartment, both with rear terraces. Situated near a variety of businesses, stores, Houses of Worship, and convenient transportation options including the 7 subway line and Q23 + Q48 bus lines. With a total income of $115,200 per year, this presents a lucrative and strategic opportunity for any buyer and investor. Inquire about the lot for sale next door for a bigger income potential! Bsmt - Full/Unfinished - Half Bathroom 1st floor - Grocery Store - 1 Bedroom Apt - $4,500 lease for both units for 2 more years with option to 5 more 2nd floor - 4 Bedroom - Living Room - Kitchen - Full Bathroom and Rear Terrace - $2,500 lease up to 1/24 3rd floor - 4 Bedroom - Living Room - Kitchen - Full Bathroom and Rear Terrace - $2,600 No Lease
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0BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
This prime Corona mixed-use property offers an excellent investment opportunity with a cap rate of 5.25%. The building features a three-family layout with a commercial store (Deli) on the ground floor and a one-bedroom apartment. The second and third floors each house a spacious four-bedroom apartment, both with rear terraces. Situated near a variety of businesses, stores, Houses of Worship, and convenient transportation options including the 7 subway line and Q23 + Q48 bus lines. With a total income of $115,200 per year, this presents a lucrative and strategic opportunity for any buyer and investor. Inquire about the lot for sale next door for a bigger income potential! Bsmt - Full/Unfinished - Half Bathroom 1st floor - Grocery Store - 1 Bedroom Apt - $4,500 lease for both units for 2 more years with option to 5 more 2nd floor - 4 Bedroom - Living Room - Kitchen - Full Bathroom and Rear Terrace - $2,500 lease up to 1/24 3rd floor - 4 Bedroom - Living Room - Kitchen - Full Bathroom and Rear Terrace - $2,600 No Lease
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