38-19 99th Street, Corona, NY, 11368
2005
Located at the Heart of Corona, this Impressive Four-story Brick Walk-up Represents a Premier Investment Opportunity with a Robust 6.25% Cap Rate. The Property is Fully Occupied, offering a Stable and Consistent Cash Flow underpinned by Severn Rent-Stabilized Residential Units and Two Established Community Facility Units, currently utilized as a Religious Center and a Professional Herbal Treatment Center. The building is Designed for Operational Efficiency, featuring Individual Gas and Electric Meter and Sprinklers throughout. Situated just a Short Walk from Roosevelt Avenue, the Property Offers Immediate Access to a Bustling Corridor of Commerce and Dining. The Easy Subway Access nearby Provides a Direct and Efficient Commute to Manhattan and Flushing, ensuring High Long-term Occupancy and Exceptional Value for any Savvy Investor.
Status:
Active
Type:
Commercial
Units:
9
Heating:
Natural Gas
Cooling:
Wall/Window Unit(s)
Basement:
Finished, Full
Levels:
4
Est. Taxes:
$6,098
Construction
Brick
Utilities
Electricity Available, Natural Gas Available, Trash Collection Public, Water Connected
Elementary School:
Contact Agent
Middle School:
Is 61 Leonardo Da Vinci
High School:
Newtown High School
School District:
Queens24
MLS #:
986275
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Lin Pan Realty Group LLC 646-785-1699