Excellent investment opportunity! Solid brick 9-family building with a cap rate of over 7% and stable rental income. Most units have been recently renovated, and the property features all-new electrical wiring. Ideally located just a 3-minute walk from the #7 subway station, providing convenient access to transportation and local amenities. All units are currently occupied on a month-to-month basis, offering flexibility for future owners. Building size: 20' x 80'.
| MLS # | 1027627 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 60 |
| Listing Provided By | Billion Homes Realty Corp | Xin Zhang |
| SQ Feet | 7,600 |
|---|---|
| Basement | Y |
| Units | 9 |
| Zoning | R6B |
| Acreage | 0.06 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas |
| Construction Materials | Brick |
|---|
| Parking Features | On Street |
|---|
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 453600 |
| Tax Annual Amount | 31300.84 |
| State | NY |
|---|---|
| County | Queens |
| City | Corona |
| Zip Code | 11368 |
| School District | John Bowne High School |
| High School | John Bowne High School |
| Listing VS Median (in 11368) | |
Price: $1,998,000 low | high Med: $1,010,000 sqft: 7,600 low | high Med: 1,433 $ / sqft: $263 low | high Med: $706 On site: 60 low | high Med: 102 | |
| State | NY |
|---|---|
| County | Queens |
| City | Corona |
| Zip Code | 11368 |
| School District | John Bowne High School |
| High School | John Bowne High School |
| Listing VS Median (in 11368) | |
Price: $1,998,000 low | high Med: $1,010,000 sqft: 7,600 low | high Med: 1,433 $ / sqft: $263 low | high Med: $706 On site: 60 low | high Med: 102 | |
![]() | $2,750,000101-23 44th AvenueCorona, NY 11368 |
![]() | $3,800,00010114 39th AvenueCorona, NY 11368 |
![]() | $4,3004043 97th Street 4th FloorCorona, NY 11368 |
![]() | $3,800,00010116 39th AvenueCorona, NY 11368 |