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112-39 38ave , Corona , NY 11368




Located Approximately Five Minutes From The Subway, This Legal Eight-family Property Offers Strong Rental Income And Excellent Long-term Investment Potential. Property Highlights: Legal 8-family Building, Solid Brick Construction, Built In 2006 Four Stories Approximately 6, 424 Sq. Ft. Of Building Area Approximately 22 By 215 &73 Ft. Building Dimensions Approximately 25 Ft. Lot Frontage Each Apartment Features Approximately 2 Bedrooms And 1 Bathroom Approximately 16 Bedrooms And 9 Bathrooms In Total Full Finished Basement Backyard Parking For Approximately Four Vehicles Approximately Six Years Remaining On The Property-tax Abatement Current Total Rental Income: Approximately $235, 000 Per Year • Tenants Pay All Utilities And Expenses • Easy-to-maintain All-brick Construction • Approximately Five Minutes From The Subway An Excellent Opportunity For Long-term Rental Income, Portfolio Expansion, Or A 1031 Exchange.
| Location/Town | New York |
| Area/County | Queens |
| Post Office/Postal City | Corona |
| Prop. Type | Single Family House for Sale |
| Tax | $1,120.00 |
| Bedrooms | 16 |
| Total Baths | 9 |
| Full Baths | 9 |
| Year Built | 2006 |
| Basement | Full |
| Construction | Brick |
| Total Units | 8 |
| Cooling | Wall/Window Unit(s) |
| Heat Source | Natural Gas |
| Util Incl | Natural Gas Connected |
| Days On Market | 1 |
| Parking Features | Parking Lot |
| Units | 8 |
| School District | Queens24 |
| Middle School | Corona Arts And Sciences Acade |
| Elementary School | Ps 143 Louis Armstrong |
| High School | High School For Arts & Busines |
| Features | Original details |
| Listing information courtesy of: EXP Realty | |