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37-20 99th St 63 Unit Apartment Building $11,495,000 ($182,460/Unit) 4.36% Cap Rate Corona, NY 11368
Investment Highlights
- EXCELLENT LOCATION ,
- BRICK BUILDING
Executive Summary
EXCELLENT LOCATION, NEAR TRANSPORTATION, # 7 SUBWAY STATION, NEAR SCHOOL, NEAR SUPER MARKET, CLOSE TO AIRPORT, CLOSE TO HIGHWAYS, CLOSE TO SHOPPING CENTER, MUCH MORE...
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $11,495,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $182,460 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 4.36% | Building Size | 46,360 SF |
| Gross Rent Multiplier | 12 | Average Occupancy | 100% |
| No. Units | 63 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 1928 |
| Property Subtype | Apartment | ||
| Zoning | R5A - - Medium density district with a height limit of 40 feet | ||
| Price | $11,495,000 |
| Price Per Unit | $182,460 |
| Sale Type | Investment |
| Cap Rate | 4.36% |
| Gross Rent Multiplier | 12 |
| No. Units | 63 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 46,360 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 1928 |
| Zoning | R5A - - Medium density district with a height limit of 40 feet |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Tenant Controlled HVAC
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 50 | - | - |
| 2+2 | 13 | - | - |
1 1
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (88)
Bike Score®
Very Bikeable (81)
Property Taxes
| Parcel Number | 01761-0012 | Improvements Assessment | $1,581,210 (2025) |
| Land Assessment | $79,650 (2025) | Total Assessment | $1,660,860 (2025) |
Property Taxes
Parcel Number
01761-0012
Land Assessment
$79,650 (2025)
Improvements Assessment
$1,581,210 (2025)
Total Assessment
$1,660,860 (2025)
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