111-15 37 Avenue, Corona, NY 11368

$1,895,000

Active for Sale

Listing ID	11190013



Property Type	Multi-Unit (5+)



County	Queens



Township	Corona

Neighborhood	Flushing



Total Tax	$2,994



FEMA Flood Map	fema.gov/portal



Year Built	2006

Virtual Tour

Great potential- 4 Family, boxed rooms in the heart of Corona.

Great opportunity to invest in a newly constructed building receiving a 421A tax abatement. Large spacious box room apartments with 3 Bedrooms and 2 bathrooms each. 1 much need parking space is included. Near mass transportation and potential is endless

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Property Details

8 Full Baths
4830 SF
Built in 2006
4 Stories
Available 7/11/2023

Unit Information

Unit #1 – Rent Price: 2119, Bedrooms: 3, Full Baths: 2, Occupied

Unit #2 – Rent Price: 1750, Full Baths: 2, Occupied

Unit #3 – Rent Price: 1818, Full Baths: 2, Occupied

Unit #4 – Rent Price: 1768, Full Baths: 2, Occupied

Exterior Features

Masonry - Brick Construction
Brick Siding
Flat Roof
Municipal Water
Municipal Sewer
Open Porch
Near Bus
Near Train

Community Details

Walk-up (Bldg. Style)

Commercial Info

4% Cap. Rate

Income/Expenses

Gross Income $89,448
Net Income $75,235
Management Exp $2,400
Insurance Exp $1,513
Electric Exp $1,597
Water Exp $5,709
Total Exp $14,213
Paid by Landlord: Water, Insurance, Ord. Maint., Struct. Maint., Ground Maint.

Taxes and Fees

$2,994 City Tax
$2,994 Total Tax
Tax Year 2023

Listed By

John Suarez

TIP TOP REALTY MANAGEMENT CORP

Office: 718-541-1077

Cell: 718-541-1077

Listing data is deemed reliable but is NOT guaranteed accurate.

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