$1,194,000
$1,478,000
19.2%For more information regarding the value of a property, please contact us for a free consultation.
3,049 Sqft Lot
SOLD DATE : 05/02/2024
Key Details
Sold Price $1,194,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 3510432
Lot Size 3,049 Sqft
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. 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
Location
State NY
County Queens
Others
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with NY Superior Realty