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54-14 111th St
Corona, NY 11368
Multifamily Property For Sale
·
8 Units
Investment Highlights
- This 8-unit multifamily building is fully tenant occupied and generating a 5.5% cap rate.
- Newer construction - the property was built in 2013.
- The property has 12 years remaining on tax abatement.
Property Facts
| No. Units | 8 | Building Size | 8,652 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 2013 |
| Building Class | B | Parking Ratio | 0.92/1,000 SF |
| Lot Size | 0.10 AC | ||
| Zoning | R6B - Medium density residential district | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.10 AC |
| Building Size | 8,652 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 2013 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | R6B - Medium density residential district |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
Site Amenities
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | 819 - 919 |
Property Taxes
| Parcel Number | 02010-0033 | Improvements Assessment | $450,468 |
| Land Assessment | $170,082 | Total Assessment | $620,550 |
Property Taxes
Parcel Number
02010-0033
Land Assessment
$170,082
Improvements Assessment
$450,468
Total Assessment
$620,550
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