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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYL3588665
Originating Board onekey2
Rental Info No
Year Built 2022
Annual Tax Amount $3,035
Lot Dimensions 25x100
Property Description
Calling All Investors, Developers & End-Users!!! 100% Occupied Brand New 7 Unit Apartment Building In Flushing For Sale!!! The Building Features Excellent Signage, Great Exposure, 6 Parking Spaces, High 9' Ceilings, Strong R6B Zoning, (1) 2 Br. Apt., (6) 1 Br. Apts., Basement Office, Security Camera System, Large Rear Yard, Separate Meters, Strategically Placed Curb Cut, All New LED Lighting, Sprinklers, 3 Phase Power, A/C, +++!!! The Building Was Built In 2022!!! The Property Is Located In The Heart Of Corona Just Off The Grand Central Parkway & I-495!!! The Property Is Situated Near Citifield, Flushing Meadows Corona Park, Queens Zoo & The Queens Museum!!! Neighbors Include Nike, The Home Depot, Target, Costco, 7-Eleven, Mobil, Gulf, T.J. Maxx, Marshalls, Raymour & Flanigan, Macy's, New York Sports Club, Masco Auto Body, Olive Garden, Aldi, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or Be The Next Home For Your Business!!! Income: Unit 1A (2 Br.): $31,800 Ann. Unit 2A (1 Br.): $20,700 Ann. Unit 2B (1 Br.): $25,200 Ann. Unit 3A (1 Br.): $20,700 Ann. Unit 3B (1 Br.): $25,200 Ann. Unit 4A (1 Br.): $21,312 Ann. Unit 4B (1 Br.): $25,200 Ann. Parking: $1,800 Ann.; M-M. Basement Office: $8,400 Ann.; M-M. Expenses: Gas: $792 Ann. (Common Area Only) Electric: $1,320 Ann. (Common Area Only) Maintenance & Repairs: $250 Ann. Insurance: $6,589 Ann. Water: $3,852 Ann. Taxes: $3,034 Ann. Total Expenses: $15,837 Ann. Current Gross Income: $180,312 Ann. Net Operating Income (NOI): $164,475 Ann.
Location
State NY
County Queens
Interior
Fireplace No
Exterior
Total Parking Spaces 6
Private Pool No
Building
Story 4
Others
Special Listing Condition None
Listed by All Island Estates Realty Corp