Corona NY Multi Family for Sale

ADDITIONAL INFORMATION

EXP Realty has retained the exclusive to present 40-71 Junction Boulevard, Corona Queens for Sale. Building size is a large 20 X 80, 3200 sqft and Lot is 20 X 100, 2000 sqft, Zoning R6B. This legal 4 family attached red-colored brick property is westward-facing that sits on an extremely active high pedestrian and vehicle area on Junction Boulevard. The property stands 2 stories consisting of 4 apartments of which all are occupied. 1F is about 450 sqft, 1 bedroom 1 bath and 1R, 2F,2R are about 800 sqft, 2 bedroom and 1 bathroom. Total annual rent is $89K. Annual taxes are $13K, and with its heat, insurance, water and sewage, total expenses are $27K. For further income, renting the basement as storage to the countless businesses in the area or basement can be converted into a commercial store. Property has been well maintained without any need for major repairs. Boiler is 10 years and water tank is 3 years. There are No HPD or DOB violations which demonstrate non-problematic tenants. The 7 train is a 5 minute walk to Junction Boulevard Station. This property is an incredibly rare investment on a bustling and appreciating area of Corona Queens. We have pictures and virtual tours of all apartments with complete financials are available upon request.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Legal 7-family located in a highly sought-after area of Corona offering over 6% CAP rate. The property comprises one duplex 3-bedroom unit and six 1-bedroom units, all of which are currently fully leased, and all units are sub-metered, Tenant pays their own utilities making it a low-maintenance investment opportunity. The property has significant tax savings with a 421 tax abatement, the property is expected to generate strong cash flow and appreciate in value over time. Situated in the vibrant neighborhood of Corona, residents benefit from the convenience of being close to a plethora of amenities, including shopping centers, restaurants, schools, parks, and public transportation options.

ADDITIONAL INFORMATION

Prime location of Corona, 5 Stories 8 apartments elevator building with 4 cars garage, excellence condition, 2 beds and 1 bath on each unit, separate heat and hot water, tenants pay their utilities, $240,000 gross income annual, net income $225,000, 6.5% return cap rate, it still has 15 years tax abate, Do not miss it.

ADDITIONAL INFORMATION

Welcome to this 3 Family Brick prime investment opportunity in Corona, All floors have been leased, The Lot side 20 x 99 with a building size of 20 x 54 . The property includes 7 bedrooms and 6 full baths, top two floors with a private terrace. There is also a 1 car with a garage and private driveway that can fit at lease two more cars. The basement is finished is with one full bath. On the 1st floor, there's 1Br Apt. Both the 2nd and 3rd floors have 3 Bedrooms, 2 full baths and a balcony The property has 3 boilers, 3 gas meters, and 3 electric meters, and is zoned R5 with low property taxes. This Investment is close to public transportation and shopping.

ADDITIONAL INFORMATION

Welcome to a grand opportunity to own in Corona, Queens. Located a short distance away from local shops, 7 Train, Q58, LI Expwy, Citi Field, Flushing Meadow Park and all it has to offer like Queens Zoo, Queens Theatre, USTA Tennis Center and the Queens Museum. This unique 2 family property has what you've been looking for. This property features 2 buildings, each containing an apartment with a total of 7 rooms, 3 bedrooms and 2 full baths. Come see the opportunity to own a multi-family home with potential all over it. There is no interior access and information is obtained from prior market data and/or public records. This is a Fannie Mae Homepath Property.

ADDITIONAL INFORMATION

Semidetached 2-family house is available now in Corona NY! Offering 6 Bedrooms, 2 full baths, a finished basement, and a big backyard! Located just 3 minutes from Northern Blvd. and a few blocks to 7 Train station at Roosevelt Ave. Shopping area along Junction Blvd. and proximity to LaGuardia Airport.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Discover a prime investment opportunity in Corona with this stunning, fully brick 3-family home built in 2001! Boasting 9 spacious bedrooms, 4 full baths, and a separate entrance to a fully finished basement, this property is perfect for maximizing rental income. All tenants are on month-to-month leases, providing flexibility and significant potential to increase rent and boost your cash-on-cash return. Situated on a 20x100 ft plot with a building size of 20x55 ft and 3,300 sq ft of interior space, this home is conveniently located near shopping malls and just minutes from the Midtown Tunnel and Long Island Expressway. A must-see for investors looking to capitalize on this opportunity!

ADDITIONAL INFORMATION

A/O as of 11/5/24 -- Calling all investors, developers and contractors! This valuable, legal 3-family property located a short 5-blocks from the #7 Train Station, is waiting for your interior re-design ideas OR this expansive lot has potential to be re-developed to a 6-family plot. This solid brick house, built in 1925, has good bones and has been owned by the same family since it's been built. Contractors / Developers and are welcome. Best location on residential block, convenient to all. The house's front yard is Flushing Meadows Corona Park.

ADDITIONAL INFORMATION

Three family in most prime Corona Location available now! The owner uses as Two family. 1st Floor 20x58 Kitchen, Living room, Eat-in Kitchen, 4 bedroom, 1.5bathroom. 2nd floor 20x54 Kitchen, Living room, 5 bedroom, 1 bathroom. Full finished basement with separate entrance. It is located close to main roads with easy access to local amenities such as School, Shopping, Banking and various eateries, near 7 Train...Must see (*Can be Vacant*)

ADDITIONAL INFORMATION

Rare OPPORTUNITY !!! FOUR Family ,Currently Zoning is "R6B " with a C1- 4 Overlay --Lot size 25 X 125, --Half block to #7 train, --Prime Wall to All Location on Roosevelt Ave in Corona. This property offers incredible potential, allowing for up to 9,200 sq. ft. of mixed-use development, ideal for both commercial and residential condos. Don't miss this chance to capitalize on a high-demand area! -1st floor-Living room / FOUR Bedroom / Kitchen / Bathroom -2nd floor-Apt#1 Living room / 2 bedrooms/ Kitchen/bathroom ,Apt # 2 Living room/ bedrm/bath -3rd floor- Living Room / 2 Bedrooms / Eat-in- Kitchen / Bathroom - Full Finished Basement

ADDITIONAL INFORMATION

Prime location for this 2 family attached residence in the heart of Corona. This property is fully occupied and ready for your investment! The current rental income is $6,600 monthly. Utilities are all paid by the landlord EXCEPT the Electric for the 2nd floor ONLY (upstairs tenant pays for their electricity bill only, all else paid by the landlord). Public Street Parking only. Close to cultural attractions, LaGuardia Airport, highways, public transportation, schools, restaurants, stores & shops, and other community staples.

ADDITIONAL INFORMATION

Fantastic Opportunity To Invest & Reside In A Two Family Residence in Corona, Queens, This Property Features A 3-Bedroom Apartment Layout Over Another 3-Bedroom Apartment Layout. Each Apartment Boasts Hardwood Floors, Generously Sized Bedrooms, And Updated Bathrooms. The Property Includes A Huge Backyard And A Fully Finished Basement With OSE. Offering Great POTENTIAL For Investment. Zoned R6B. Conveniently Located To Stores, Shopping, Parks, LGA Airport And All Major Transportation & Highways. Sold As Is.

ADDITIONAL INFORMATION

8Families Apt Full Basement 4 Car Parking Good Location! 8 Residential Units. Building Size 22*73 Built 2006 Two blocks away from 7 Train Station! 25Yr Tax Abatements. Great potential. Great for 1031 Exchange and investment property. Motivated Sellers!

ADDITIONAL INFORMATION

**For Sale: Prime Investment Opportunity - Storefront with Residential Units and Expansion Potential** Opportunity knocks! This property is perfect for investors or developers seeking a project with great potential. Featuring a 1,180 square foot storefront on the ground floor and two additional residential units above, this building is ready for a **full gut renovation**. With **R6A zoning**, the property offers the opportunity to expand by an additional **2,464 square feet**, allowing for even more income-generating potential. This is a **cash deal only** and the property is being sold **as-is**, with vacant delivery at closing. Don't miss out on this rare chance to create something special in a desirable location.

ADDITIONAL INFORMATION

2 Family 1 block to 7th train, close to school and stores High income producer

ADDITIONAL INFORMATION

Deliver Vacant! This prime investment opportunity in Corona, 3-family brick house and semi-detached. Lot side 20 x 60 with a building size of 20 x 48. The property includes 5 bedrooms and 4 full baths, along with a garage and private driveway. Finished basement. On the 1st floor, there's 1Br Apt. Both the 2nd and 3rd floors 2 Brs Apt. The property has 3 boilers, 3 gas meters, and 3 electric meters, and is zoned R5 with low property taxes of just $9,398. It's conveniently located near Northern Blvd, close to the 7 train, and close to the Q48/Q66 bus stops.

ADDITIONAL INFORMATION

SHORT SALE- Two-Family Home in the heart of CORONA, NY Overview This short sale property is subject to bank approval and offers an exceptional two-family HOME in the desirable CORONA neighborhood of New York. This unique investment opportunity features two spacious two-bedroom apartments, making it ideal for multi-generational living or rental income potential. One unit will be delivered vacant at closing, providing immediate occupancy or rental opportunity This detached property requires TLC, offering a great opportunity to add personal touches and increase value. PLEASE DO NOT DISTURB TENANTS.

ADDITIONAL INFORMATION

Presenting an exceptional turn-key investment opportunity in the heart of Corona, Queens. This building is an outstanding opportunity for both seasoned investors and those looking to expand their portfolio in one of Queens' most sought-after areas. With its rent-stabilized status and prime location, this property is perfect for steady and predictable cash flow.

ADDITIONAL INFORMATION

Legal 2 family detached frame house in Corona. This ideal multi-family property is an excellent income producer. Features 6 Bedrooms 5 bathrooms plus full finished basement with separate entrance. Excellent location, Situated just minutes from the most iconic attractions & parks in NYC/Queens - such as the New York Hall of Science, Queens Zoo, Queens Museum, Citi Field and Flushing Meadows Park. Located near Junction Blvd, Northern Blvd and Roosevelt Ave with supermarkets, restaurants, pharmacies, variety stores, playgrounds, #7 train station, Q-72/66 bus stops.

ADDITIONAL INFORMATION

The property is to be sold together with the adjacent lot 25x100. Total lot square footage 50X100. Tax lot # 11

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION