Office / Commercial

For Sale: Prime 9 units Mixed-Use 6.2 CAP Below Market Rent $2,400,000 Corona

For Sale: Prime 9 units Mixed-Use 6.2 CAP Below Market Rent ,400,000 Corona
Location: new york city

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For Sale: Prime 9 units Mixed-Use 6.2 CAP Below Market Rent $2,400,000 Corona


99th Street

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Location: Perfectly situated just 3 blocks from the Jction Blvd. #7 train station and 1 block from bustling Roosevelt Avenue, this mixed-use property is in the heart of vibrant Corona, Queens.

Property : Build 2005. 4 Stories. 5184 Square Feet
• Gross Annual Income: $180,480
• Net Operating Income: $149,034
• Units: 7 one-bedroom apartments and 2 retail stores, offering diverse and stable income streams.
• Tax Abatement: Enjoy significant savings with 5 years remaining on the abatement.
• Condition: Well-maintained with minimal upkeep required.
Key Features:
• Prime Location: High-traffic area close to shopping, dining, and essential services.
Neighborhood Amenities: Near schools, parks, and cultural attractions.
•Tenant Appeal: Proximity to the #7 train and Roosevelt Avenue enhances desirability for both residential and commercial tenants.
• Steady Income: Fully rented apartments and retail spaces generate strong, reliable cash flow.
This is an exceptional opportity for investors seeking a turnkey property in a thriving neighborhood.
Contact Barry today at 9176980262 for more information or to schedule a viewing.

post id: 7808975357

posted: 2024-12-09 12:22



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