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Queens Corner New Construction | 8.4% Cap 10604 Northern Blvd 28 Unit Apartment Building $11,750,000 ($419,643/Unit) 8.70% Cap Rate Corona, NY 11368
Executive Summary
Corner 6-story elevator building consisting of 28 apartments & 4 commercial
421A Tax Abatement in place through 2036
The property is located in the Corona section of Queens, near shopping, dining and transportation options
Within walking distance to the 111th Street Station (7 train)
421A Tax Abatement in place through 2036
The property is located in the Corona section of Queens, near shopping, dining and transportation options
Within walking distance to the 111th Street Station (7 train)
Property Facts
| Price | $11,750,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $419,643 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 8.70% | Building Size | 43,140 SF |
| No. Units | 28 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 2014 |
| Property Subtype | Apartment | Parking Ratio | 1.07/1,000 SF |
| Zoning | R6 - Located right off the Grand Central Parkway on Northern Blvd in the North Corona neighborhood of Queens. | ||
| Price | $11,750,000 |
| Price Per Unit | $419,643 |
| Sale Type | Investment |
| Cap Rate | 8.70% |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.19 AC |
| Building Size | 43,140 SF |
| No. Stories | 6 |
| Year Built | 2014 |
| Parking Ratio | 1.07/1,000 SF |
| Zoning | R6 - Located right off the Grand Central Parkway on Northern Blvd in the North Corona neighborhood of Queens. |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Elevator
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Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (80)
Bike Score®
Very Bikeable (84)
Property Taxes
| Parcel Number | 01721-1001 | Improvements Assessment | $1,383,750 |
| Land Assessment | $325,510 | Total Assessment | $1,709,260 |
Property Taxes
Parcel Number
01721-1001
Land Assessment
$325,510
Improvements Assessment
$1,383,750
Total Assessment
$1,709,260
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Queens Corner New Construction | 8.4% Cap | 10604 Northern Blvd
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