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Property Description

Brand new 6-family building completed in 2025, located at 104-22 Corona Ave in a high-demand rental area of Corona. The property offers approx. 4,930 sq.ft. of building space on a 2,202 sq.ft. lot, with zoning R6B and C2-3 overlay. Estimated CAP rate is 6.2% with projected stable cash flow. Annual real estate tax is approx. $22,000. Excellent location close to transportation, shopping, schools, and major highways. Ideal for investors seeking a turnkey income-producing asset with strong long-term upside.

Features
Heating System:
Electric
Cooling System:
Electric
Parking Features:
Other
Sewer:
Public Sewer
Utilities:
Natural Gas Available, Electricity Available
Address Map
City:
NY
State:
NY
County:
Queens
Property and Construction
Development Status:
Brick
Agent MlsId:
93891
Office MlsId:
ERLT01
Number Of Units:
6
Special Listing Conditions:
No
Tax Annual Amount:
$22,000
Water Source:
Public
PhotosCount:
36

Commercial Sale For Sale

104-22 Corona Avenue, New York, NY

$2,986,000
Listing ID #927550
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
927550
Price :
$2,986,000
Bathrooms Total :
0
Building Area :
4,930 Sqft
Year Built :
2025
Status :
Active
Status :
Active
Listing Office :
E Realty International Corp
Listing Agent :
Hsin Yuan Yang
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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