$1,688,000
108-45 Corona AVE Corona, NY 11368
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$1,688,000
Est. payment /mo
7,282 SqFt
Active
108-45 Corona AVE Corona, NY 11368
UPDATED:
11/22/2024 07:36 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,282 sqft
Price per Sqft $231
MLS Listing ID KEYL3566909
Originating Board onekey2
Rental Info No
Year Built 2002
Annual Tax Amount $44,375
Lot Dimensions 26.47x100
Property Description
Calling All Investors, Developers, & End-Users!!! 3 Unit Free Market Mixed-Use Building In Corona For Sale!!! The Property Features Excellent Signage, Great Exposure, (2) Free Market Apartments, Strong R6B Zoning, High Ceilings, Separate Meters, Skylight, 6 Parking Spaces, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Corona Just Off The I-495 (LIE) & Grand Central Parkway 1 Block From The Queens The Queens Zoo & Just Minutes From Queens Center!!! Neighbors Include Petco, Mobil, Dunkin' Walgreens, 7-Eleven, Maaco Auto Body Shop, Subway, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: 99 Cent Store + Full LL (4,080 Sqft.): $66,499.32 Ann.; Lease Exp.: 2027 2nd Floor Apt. (3 Br., 1 Bath; 1,600 Sqft.): $48,360 Ann. 3rd Floor Apt. (2 Br., 1 Bath;1,600 Sqft.): $39,600 Ann. Pro Forma Gross Income: $154,459.32 Ann. Expenses: Gas: $0 Ann. Electric: $960 Ann. (Hallway Only) Maintenance & Repairs: $250 Ann. Insurance: $6,820 Ann. Taxes: $44,375.20 Ann. Water & Sewer: $5,778.53 Ann. Total Expenses: $58,183.73 Ann. Net Operating Income (NOI): $96,275.59 Ann.
Location
State NY
County Queens
Interior
Fireplace No
Exterior
Total Parking Spaces 6
Private Pool No
Others
Special Listing Condition None
Listed by All Island Estates Realty Corp
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