NY > Corona
Corona, NY 11368,37-29 103rd street
Corona, NY 11368,37-29 103rd street
Corona, NY 11368,37-29 103rd street
22
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$2,998,000
Est. payment /mo
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10 Beds
6 Baths
Active

37-29 103rd street Corona, NY 11368

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 825397

Bedrooms 10

Full Baths 6

Rental Info No

Year Built 2007

Annual Tax Amount $39,903

Lot Dimensions 25x100

Property Sub-Type Quadruplex

Source onekey2

Property Description

Prime Location: Mixed-use building for Sale in Bustling Commercial Districts . A well-designed layout suitable for a restaurant that has 1750 sqft, including the basement, the monthly rent is $12,000.
Plus 4 luxury residences. Two two-bedroom, one living room, and one bathroom on the second floor. The current monthly rents for each is $2,000. Each unit has the potential to be rented for $2500 to $2950. The third and fourth floors are two duplexes with three bedrooms, one living room and two bathrooms , the current monthly rents for each is $2,350. Each one has the potential to be rented for $3200 to $3500. All residential tenants no longer have a lease and can sign a new one.
Only 1 block away from 7 train 103 St–Corona Plaza, close to major highways, shops, and restaurants, convenient to all. A rapidly growing area with increasing property values and rental demand.
Perfect for both self-use and investment.
Free Market
Zoning districts: R6B, C1-4
Building Size: 5,700SF (25' x 70')
Lot Size: 2,500 SF (25' x 100')
Taxes: $39,903
Current Monthly Rent: $20,550
Total Yearly Rent: $246,600
Yearly Expenses: $40,000
NOI now : $206,600
Recent CAP Rate: 6.89% (After the new lease is signed, the cap rate will be raised over 8.% )
All informations you have to be verified by the buyer.

Location

State NY

County Queens

Rooms

Basement Finished, See Remarks

Interior

Interior Features Chefs Kitchen, Eat-in Kitchen, Entrance Foyer, Formal Dining, Galley Type Kitchen, Marble Counters, Primary Bathroom, Master Downstairs, Open Kitchen

Heating Baseboard

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Garage false

Building

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Structure Type Brick,Unknown

Others

Senior Community No

Special Listing Condition None

Listed by S10 Realty Group LLC

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agent

Jonathan Greene

Team Leader | License ID: 1433604

+1(973) 873-0734

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