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$ 1,680,000
Est. payment | /mo
8 Baths
$ 1,680,000
Est. payment | /mo
8 Baths
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 495448
Full Baths 8
Annual Tax Amount $51,176
Property Sub-Type Multi-Family
Property Description
Introducing a prime investment opportunity in Corona, Queens. This solid brick walk-up apartment building was built in 1988 and offers exceptional scale and potential. Spanning 4 stories with a building size of 25x62 and a total of 7,280 square feet, the property sits on a 50x125 lot (3,125 sq. ft.) with a lot area of 0.0717 acres.
The building consists of 8 residential units, making it an excellent choice for investors seeking stable rental income and long-term growth. With a Building Class C1 designation (6+ family walkup), the property is well-suited for consistent cash flow and low vacancy risk in one of Queens' most dynamic neighborhoods. A private garage adds additional convenience and value, a rare find in multi-family properties of this scale.
Located in the heart of Corona, the building is surrounded by neighborhood conveniences. Tenants will enjoy proximity to Flushing Meadows–Corona Park, Citi Field, schools, local shops, restaurants, and cultural institutions. Public transportation, including the 7 train and multiple bus lines, offers easy access to Manhattan and surrounding areas, while major highways ensure simple connectivity across Queens and beyond.
This is a well-maintained, income-producing property with strong upside potential in a high-demand rental market—an ideal addition to any investment portfolio.
The building consists of 8 residential units, making it an excellent choice for investors seeking stable rental income and long-term growth. With a Building Class C1 designation (6+ family walkup), the property is well-suited for consistent cash flow and low vacancy risk in one of Queens' most dynamic neighborhoods. A private garage adds additional convenience and value, a rare find in multi-family properties of this scale.
Located in the heart of Corona, the building is surrounded by neighborhood conveniences. Tenants will enjoy proximity to Flushing Meadows–Corona Park, Citi Field, schools, local shops, restaurants, and cultural institutions. Public transportation, including the 7 train and multiple bus lines, offers easy access to Manhattan and surrounding areas, while major highways ensure simple connectivity across Queens and beyond.
This is a well-maintained, income-producing property with strong upside potential in a high-demand rental market—an ideal addition to any investment portfolio.
Location
State NY
County Queens
Area Corona
Rooms
Basement Full
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Flat
Handicap Access No
Building
Story 4
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Assumption,Bank Mortgage,Cash
Listed by Ashford Homes LLC
