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104-10-14 37th Avenue
Corona, NY 11368
Commercial Sale (Other)
0 Acres
5139 Sqft Living Area
9 Bedrooms
4 Bathrooms (3 Full, 1 Half)
Year Built: 1931
$2,226,000
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Property Description
This exceptional package deal includes a mixed-use property and an adjacent vacant lot, all in a prime Corona location. The mixed-use property features a three-family building with a commercial store (Deli) on the ground floor and a one-bedroom apartment. The second and third floors each have a spacious four-bedroom apartment. 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. Plus the adjacent vacant lot holds the potential to unlock even greater income possibilities! Cap Rate: 5.25% Vacant Lot: 25.02 x 121.01 lot size; used to be a garage; Basement: Full / Unfinished Basement - Half Bath; 1st floor: Grocery Store + 1 Bedroom Apartment $4,500 per month (2 more years on lease with option to 5 more); 2nd flr - 4 Bedrooms - Kitchen - Full Bath - Rear Terrace $2,500 per month exp. 01/2024; 3nd flr - 4 Bedrooms - Kitchen - Full Bath - Rear Terrace $2,600 per month, no lease
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Contact Details
Name: Nora Avalos
Email: nora@nysuperiorrealty.com
MLS Listing Id: 11215675
Agent Phone: (718) 205-7770
List Agent License:
Office Name: NY SUPERIOR REALTY
Office Phone: N/A
Office MLS Id: 5946
Listing Status: Active
Listing URL: https://listings.listhub.net/pages/NYSMLS/11215675/?channel=openhousinc
Copyright © 2023 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.