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Property Description

Incredible Opportunity to own a Mix use building featuring retail store front plus one residential unit asset located in prime Corona. All tenants own the separate gas meters & electric meters. Lower property tax $5613. Income rate is over 5%. The first floor restaurant $4775 (3% increase per year, lease end on 2029) 2nd floor $2400 (Four bedroom two bath) no lease. Full finished basement. the owner pay 35% property tax, Water bill $300/per Quarter, and insurance $4000 per/year. Building size 24×42 zoning R6B, C2-3.

Features
Heating System:
Natural Gas
Cooling System:
No
Basement:
Finished, Full
Sewer:
Public Sewer
Utilities:
Natural Gas Connected, Electricity Connected, Water Connected, Sewer Connected
Address Map
City:
NY
State:
NY
County:
Queens
Directions:
Google Maps
Property and Construction
Development Status:
Brick
Agent MlsId:
160301
Office MlsId:
HUZH01
Number Of Units:
2
Special Listing Conditions:
No
Tax Annual Amount:
$5,613
Water Source:
Public
PhotosCount:
11

Commercial Sale For Sale

106-16 Corona Ave, New York, NY

$1,580,000
Listing ID #892882
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
892882
Price :
$1,580,000
Bathrooms Total :
0
Building Area :
2,016 Sqft
Year Built :
1920
Status :
Active
Status :
Active
Listing Office :
New Group Realty Inc
Listing Agent :
Xun Lin
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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