101-30 45th Avenue, Corona, NY 11368
- $849,999
- List Price
- $849,999
- Days on Market
- 7
- MLS#
- 1039373
- Number Of Families
- 5
- Status
- ACTIVE
- Lot Size
- 2500
Property Description
Rare opportunity to own an income-producing five-family in the heart of Corona. This detached three-story brick building (approx. 3,750 SF on a 2,500 SF lot, built 1931, R5 zoning, Class C2) offers light and air on all four sides, a private paved side driveway with off-street parking, and balconies serving the upper units. The building is fully occupied with five identical two-bedroom, one-bath apartments – one on the first floor and two each on the second and third – producing $9,211/month ($110,532/year) in gross rent or a 5.5% cap. Six separate electric meters keep tenants responsible for their own electric; landlord covers water and gas. No basement means a straightforward, low-maintenance footprint with a modest expense load. Insurance approx. $4,500, water $5,000, gas $6,000, repairs/maintenance $6,000; 2027 real estate taxes $42,050 per NYC DOF. Sold with tenants in place. The location speaks for itself: a short walk to the 7 train at 103 St–Corona Plaza, the Roosevelt Avenue and National Street retail corridors, and Flushing Meadows–Corona Park, with quick access to the Grand Central Parkway, LIE and LaGuardia!
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Additional Information
- Year Built
- 1931
- School District
- Queens24
- Elementary School
- Ace Academy For Scholars
- Middle School
- Civic Leadership Academy
- High School
- Academy-Finance & Enterprise
- Total Taxes
- 42050
- Heating
- Natural Gas
- Parking
- Driveway
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $42,050
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Listing courtesy of Listing Agent: Mahir Sadman SFR (mahir.sadman@compass.com) from Listing Office: Compass Greater NY LLC.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.