38-19 99th Street, Corona, NY 11368
- $2,390,000
- List Price
- $2,390,000
- Days on Market
- 105
- MLS#
- 986275
- Number Of Families
- 9
- Status
- ACTIVE
- Lot Size
- 2609
Property Description
Located at the Heart of Corona, this Impressive Four-story Brick Walk-up Represents a Premier Investment Opportunity with a Robust 6.25% Cap Rate. The Property is Fully Occupied, offering a Stable and Consistent Cash Flow underpinned by Severn Rent-Stabilized Residential Units and Two Established Community Facility Units, currently utilized as a Religious Center and a Professional Herbal Treatment Center. The building is Designed for Operational Efficiency, featuring Individual Gas and Electric Meter and Sprinklers throughout. Situated just a Short Walk from Roosevelt Avenue, the Property Offers Immediate Access to a Bustling Corridor of Commerce and Dining. The Easy Subway Access nearby Provides a Direct and Efficient Commute to Manhattan and Flushing, ensuring High Long-term Occupancy and Exceptional Value for any Savvy Investor.
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Additional Information
- Year Built
- 2005
- Stories
- 4
- School District
- Queens24
- Elementary School
- Contact Agent
- Middle School
- Is 61 Leonardo Da Vinci
- High School
- Newtown High School
- Total Taxes
- 6098
- Heating
- Natural Gas
- Parking
- None
- Basement
- Finished, Full
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $6,098
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Listing courtesy of Listing Agent: Qian Huang (jessicahuangny@gmail.com) from Listing Office: Lin Pan Realty Group 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.