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- LoopNet Team
10018 40th Rd
Corona, NY 11368
Multifamily Property For Sale
·
7 Units

Investment Highlights
- Net Operating Income (NOI): $170,069 (5.35 Cap!!!)
- (7) 2 Bedroom Apartments,
- Low Taxes (Only $6,405)
- 10 Unit 100% Occupied Apartment Building Located In The Heart Of Corona
- Solid Tenants, Skylight, LED Lighting, +++!!!
Property Facts
| No. Units | 7 | Building Size | 6,556 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2008 |
| Building Class | C | Parking Ratio | 0.92/1,000 SF |
| Lot Size | 0.06 AC | ||
| Zoning | R6B - R6B is a medium-density residential zoning district in New York City, characterized by a maximum height of 50 feet and a floor area ratio (FAR) of 2.0. | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,556 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2008 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | R6B - R6B is a medium-density residential zoning district in New York City, characterized by a maximum height of 50 feet and a floor area ratio (FAR) of 2.0. |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Storage Space
- Heating
- Security System
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Oven
- Views
- Wi-Fi
- Basement
- Dining Room
- Family Room
- Handrails
- Office
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Controlled Access
- Security System
- Gated
- Trash Pickup - Curbside
- Wi-Fi
- Storage Space
- Bicycle Storage
About 10018 40TH RD , CORONA, NY 11368
Calling All Investors!!! 10 Unit 100% Occupied Apartment Building Located In The Heart Of Corona Offered For Sale At A 5.34 Cap!!! Renovated In 2016 The Property Features Solid Tenants, (7) 2 Bedroom Apartments, Low Taxes, Skylight, LED Lighting, +++!!! Gross Income: $193,507 Expenses: Taxes: $6,405 Insurance: $5,524 Electricity: $600 Water & Sewer: $6,109 Super: $4,800 Total Expenses: $23,438 Net Operating Income (NOI): $170,068 (5.35 Cap!!!)
Property Taxes
| Parcel Number | 01610-0050 | Improvements Assessment | $389,314 |
| Land Assessment | $4,391 | Total Assessment | $393,705 |
Property Taxes
Listing ID: 22562602
Date on Market: 3/25/2021
Last Updated:
Address: 10018 40th Rd, Corona, NY 11368
The Corona Multifamily Property at 10018 40th Rd, Corona, NY 11368 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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