$1,194,000
$1,478,000
19.2%For more information regarding the value of a property, please contact us for a free consultation.
104-14 37th AVE Corona, NY 11368
9 Beds
4 Baths
4,539 SqFt
Key Details
Sold Price $1,194,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,539 sqft
Price per Sqft $263
MLS Listing ID 3510434
Sold Date 05/02/24
Style Store+Dwell
Bedrooms 9
Full Baths 3
Half Baths 1
Originating Board onekey
Rental Info No
Year Built 1931
Annual Tax Amount $13,300
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 25x121.75
Property Description
This prime Corona mixed-use property offers an excellent investment opportunity with a cap rate of 5.5%. 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.
Location
State NY
County Queens
Zoning R5
Rooms
Basement Full, Unfinished
Kitchen 2
Interior
Interior Features First Floor Bedroom
Heating Natural Gas, Steam
Cooling None
Fireplace Y
Appliance Refrigerator
Exterior
Garage None
Parking Type None
Garage false
Building
Lot Description Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Middle Schools Is 61 Leonardo Da Vinci
High Schools Newtown High School
School District Queens 24
Others
Senior Community No
Special Listing Condition None
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Bought with NY Superior Realty