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Property Description

Located on Corona Avenue in the heart of Corona, this well-maintained and income-producing three-family property offers an excellent investment opportunity. The building features three stories plus a full basement, with a solid layout and strong rental income.

Each residential floor includes three bedrooms and two full bathrooms, with spacious, well-proportioned layouts that are highly desirable and easy to rent. The basement has a separate entrance and provides direct access to both the backyard and the front of the building, offering flexibility for future use.

The property is currently fully rented with good, stable tenants.
The entire building was fully renovated in 2020, including new electrical wiring, new plumbing, and a new boiler. Tenants pay their own gas and electricity, helping to keep operating expenses low. Annual property taxes are $12,213.

Zoned R6B, the property also offers future expansion or development potential, adding long-term value. Transportation is extremely convenient, with the 7 train just a short walk away and the Q58 bus directly in front of the property, providing easy access to Flushing. The surrounding neighborhood offers abundant shopping, dining, and everyday conveniences.

Features
Heating System:
Electric, Natural Gas, Hot Water, Baseboard, Steam
Cooling System:
No
Basement:
Finished, Full, Walk-out Access
Fence:
Back Yard, Fenced, Perimeter
Interior Features:
Granite Counters, Open Kitchen, Open Floorplan, Marble Counters
Lot Features:
Near Public Transit, Private, Near School, Near Shops, Back Yard, Subdivided
Parking Features:
No
Sewer:
Public Sewer, Shared
Utilities:
Natural Gas Available, Sewer Available, Water Available, Electricity Available, Trash Collection Public, Natural Gas Connected, Electricity Connected, Water Connected, Sewer Connected
Address Map
City:
NY
State:
NY
County:
Queens
Property and Construction
Development Status:
Brick, Aluminum Siding
Elementary School:
Ps 19 Marino Jeantet
High School:
Voyages Preparatory
Agent MlsId:
135245
Office MlsId:
ERLT01
MiddleOrJunior School:
Is 61 Leonardo Da Vinci
Number Of Units:
3
Special Listing Conditions:
No
Tax Annual Amount:
$12,213
Water Source:
Public
PhotosCount:
10

Residential Income For Sale

99-01 Corona Avenue, New York, NY

9 Bedrooms
6 Bathrooms
$1,880,000
Listing ID #953203
Basic Details
Property Type :
Residential Income
Property SubType :
Triplex
Listing ID :
953203
Price :
$1,880,000
Bedrooms :
9
Bathrooms :
6
Bathrooms Total :
6
Building Area :
2,854 Sqft
Year Built :
1915
Status :
Active
Status :
Active
Listing Office :
E Realty International Corp
Listing Agent :
Qiu Yan Li
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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