Price Reduced 8.60%
Price History
$3,490,000
4/2/2026
$3,190,000
5/20/2026
5626 & 5628 Van Cleef Street, Corona, NY, 11368
2007
RARE TURNKEY MULTIFAMILY INVESTMENT IN PRIME CORONA! Outstanding 7.9% Cap Rate with a Net Operating Income (NOI) of $251,447. This exceptional property consists of two meticulously maintained, adjacent fireproof buildings built in 2007, offering a total of 14 residential units. One unit is configured as a free-market 3-bedroom, 2.5-bath duplex and may be delivered vacant. Features include private balconies, in-unit washer/dryer, and en-suite bathroom. Remaining units are rent-stabilized and include granite countertops, tiled flooring, and updated bathrooms. Buildings are equipped with sprinkler systems, rubber roofing, finished basement and access to outdoor space. Units are separately metered, with tenants responsible for heat, gas, and electricity. Located within an R6B zoning district with proximity to public transportation, major roadways, and commercial corridors, fully occupied with strong tenant demand.
Status:
Active
Type:
Commercial
Units:
14
Heating:
Hot Water
Cooling:
Wall/Window Unit(s)
Basement:
Finished
Levels:
4
Parking:
Open
Acreage:
0.06
Est. Taxes:
$6,900
Construction
Brick
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
Elementary School:
Ps 14 Fairview
Middle School:
Is 61 Leonardo Da Vinci
High School:
John Bowne High School
School District:
Community District 25
Days on Market:
48
MLS #:
976317
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Lin Pan Realty Group LLC 917-902-3898