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Newly developed 4 Family Building in Corona

2,150,000 $
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11 bedrooms 7 bathrooms
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  • Total rooms: 19
  • Balcony or terrace

Rare multi-family investment opportunity in Corona, Queens! Located on the corner of 50th Avenue and Corona Avenue, this legal 4 family building offers great rent on each unit and consistent, timely tenants that are well situated. Ideally located close to Queens Center Mall and Flushing Meadow Park, Corona is an up and coming neighborhood that makes for a smart investment. The building itself has been recently developed, including new boilers, new water heater, new bathrooms, and new stainless steel kitchen appliances. Rent roll: 1st floor: 2 Bed/1 bath, tenants paying $ 21002nd floor: 3 Bed/2 bath, tenants paying $ 22403rd floor: 3 Bed/2 bath, tenants paying $ 22404th floor: 3 Bed/2 bath, tenants paying $ 2240Building offers a finished basement with 1000 square feet of available storage and a backyard recently paved with concrete. Each apartment offers 1000 square feet as well — totaling 5000 square feet of usable space. Tax abatement until 2029! Dont miss out on this unique opportunity! Brokers welcome contact exclusive broker Chris Yong to schedule an appointment. KW150930

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