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9728 41st Ave
Corona, NY 11368
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Prime location in North Corona, with low annual Real Estate Tax.
- Annual income approx $100,000.
- Just 2 blocks to Roosevelt Ave and 7-line Express Subway into Manhattan.
EXECUTIVE SUMMARY
Large Legal Four Family in prime location of North Corona with low annual Real Estate Tax. Situated two blocks to Roosevelt Avenue & 7-Line Express Subway into Manhattan (Junction Blvd Stop). Annual Income is about $100,000. There are four apartments; Three apartments are 2-bedrooms w/ living room, full bath, & eat-in-kitchen. In addition there is one 1-bedroom apartment w/ a living room, full bath, eat-in-kitchen that may also be converted to a 2-bedroom apartment. Each apartment has high 10 foot ceilings & has many windows that give way for a lot of natural sunlight. There are separate gas & electric meters. The basement is finished, w/ high 7.5 foot ceilings, & three separate entrances: front, rear, & interior access. The boiler & water heater were recently maintained & replaced. This is a highly desirable location close to LaGuardia Airport, Flushing Meadow Park, Citi Field, Mass Transit, Few Short Blocks to NYC Express Subway 7 Line, Buses, Shopping, Parks and Fine Dining.
PROPERTY FACTS
| Price Per Unit | $400,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| No. Units | 4 | Building Size | 2,960 SF |
| Property Type | Multifamily | Average Occupancy | 50% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1931 |
| Zoning | R6B - Medium density residential district | ||
| Price Per Unit | $400,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 2,960 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1931 |
| Zoning | R6B - Medium density residential district |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 3 | - | - |
PROPERTY TAXES
| Parcel Number | 01614-0014 | Improvements Assessment | $88,576 |
| Land Assessment | $30,327 | Total Assessment | $118,903 |
PROPERTY TAXES
Parcel Number
01614-0014
Land Assessment
$30,327
Improvements Assessment
$88,576
Total Assessment
$118,903
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