38-19 99th StreetCorona, NY 11368
Queens County
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.
Property Information
- Property type
- Commercial Sale
- Sub-type
- Multi Family
- Year built
- 2005
- Stories
- 4
- Building area
- 5,184 Sq Ft
- Lot size
- 2,609 Sq Ft
- Days on market
- 154
- MLS® Listing#
- 986275
Property Features
- Cooling
- Wall/Window Unit(s)
- Heating
- Natural Gas
- Basement
- Finished · Full
- Parking
- No Garage · None
- Construction
- Brick
- Utilities
- Natural Gas Available · Electricity Available · Water Connected
- Sewer
- Public Sewer
- Water source
- Public
Schools
- Elementary
- Contact Agent
- Middle
- Is 61 Leonardo Da Vinci
- High
- Newtown High School
Financial Details
- Annual taxes
- $6,098
- Parcel number
- 01765-0027
Listing Courtesy: Lin Pan Realty Group LLC - 5166939888
Presented by: Qian Huang
Fair Housing NoticeMore listings to consider
View similar listings View nearby listings$2,388,000
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 43-06 102nd Street, Corona, NY | $2,388,000 | — | — | 4,104 |
| 31-04 107th Street, East Elmhurst, NY | $2,388,000 | — | — | 4,179 |
| 3728 86th Street, Jackson Heights, NY | $2,350,000 | — | — | 10,870 |
| 38-11 111th Street, Corona, NY | $2,450,000 | — | — | 5,515 |
