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10422 Corona Ave
Corona, NY 11368
104-22 Corona Ave Multi Family · Multifamily Property For Sale
·
6 Units
EXECUTIVE SUMMARY
Brand new 6-family building completed in 2025, located at 104-22 Corona Ave in a high-demand rental area of Corona. The property offers approx. 4,930sqft. of building space on a 2,202sqft. lot, with zoning R6B and C2-3 overlay. Estimated CAP rate is 6.2% with projected stable cash flow. Annual real estate tax is approx. $22,000. Excellent location close to transportation, shopping, schools, and major highways. Ideal for investors seeking a turnkey income-producing asset with strong long-term upside.
PROPERTY FACTS
| Price Per Unit | $497,667 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 6.70% | Lot Size | 0.05 AC |
| No. Units | 6 | Building Size | 4,848 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2025 |
| Zoning | R6B - A medium-density residential zoning district in New York City designed to maintain neighborhood character, allowing for townhouses, brownstones, and small multi-family buildings up to 50 feet tall. | ||
| Price Per Unit | $497,667 |
| Sale Type | Investment |
| Cap Rate | 6.70% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 4,848 SF |
| No. Stories | 4 |
| Year Built | 2025 |
| Zoning | R6B - A medium-density residential zoning district in New York City designed to maintain neighborhood character, allowing for townhouses, brownstones, and small multi-family buildings up to 50 feet tall. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 01935-0006 | Improvements Assessment | $50,850 |
| Land Assessment | $14,839 | Total Assessment | $65,689 |
PROPERTY TAXES
Parcel Number
01935-0006
Land Assessment
$14,839
Improvements Assessment
$50,850
Total Assessment
$65,689
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