108-34 51 Ave, Corona, NY 11368
$2,607,777
Active for Sale
| Listing ID |
11280658 |
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| Property Type |
Multi-Unit (5+) |
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| County |
Queens |
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| Township |
Queens |
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| Neighborhood |
Corona |
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| School |
NEW YORK CITY GEOGRAPHIC DISTRICT #24 |
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| FEMA Flood Map |
fema.gov/portal |
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| Year Built |
1940 |
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Price Reduced!! Real Estate Investment opportunity in Queens, NY
PRICE REDUCED HURRY!! Don't miss this great investment opportunity package: 3 two family houses in 2 lots . total of 16 bedrooms and 6 bathrooms. 1ST LOT is a house of 2 apartments( 3 bedrooms each), 2 bathrooms and finished basement with separate entrance; plus an extension of a separated structure of 2 apartments(2 bedrooms each), 2 bathrooms, built over 1 garage and 1 storage room of 25ft length by 50 ft wide all together ( ideal to convert in more living space). THE 2ND LOT is house of 2 more apartments(3 bedrooms each), 2 bathrooms and a finished basement with separate entrance as well. There is a driveway with a yard enough for parking spaces of 4 vehicles. There is a Total of 6 apartments.. There are 6 boilers and 6 hot water tanks. Gross formal Income is $144,900 Plus substantial extra income(Plus there is room to increase the rents from 30% to 40% higher to market value prices). Operating Exp $30,950. Located in the strategic area of Corona, Queens. Total of lots area is 50ft by 100ft. Close to diverse commercial establishments, the 7 train, Flushing Park, Citi Field baseball stadium, adjacent Soccer Stadium (coming soon), US Open, few minutes to the JFK Airport and The Guardia Airport. price NOW IS 2,607,777
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- 6 Full Baths
- 5000 SF Lot
- Built in 1940
- 2 Stories
- Lower Level: Finished
- Baseboard
- Hot Water
- Gas Fuel
- Gross Income $144,900
- Net Income $113,950
- Operating Exp $30,950
- Paid by Landlord: Water
Listing data is deemed reliable but is NOT guaranteed accurate.
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