10018 40th Rd | Corona, NY 11368
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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
Parcel Number
01610-0050
Land Assessment
$4,391
Improvements Assessment
$389,314
Total Assessment
$393,705
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