9807 37th Ave

Corona, NY 11368
  • $3,780,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing HUZH01 - 160301,114232

Full gut renovated, semi-detached all-brick 3-story property boasting a 20x60 building size on a 25x100 lot, plus a full basement with separate entrance.High-yield layout features 1 prime corner storefront, 5 spacious residential apartments (ALL 3-Bedroom units), and 3 detached garages. Features separate utilities with 5 gas meters and 6 electric meters. Every unit is equipped with its own in-unit washer and dryer, split-system A/C. Strong cash-flowing investment property generating $283,284 in gross annual income with low annual expenses of $37,460, delivering an impressive Net Operating Income (NOI) of $245,823 and a 6.5% CAP rate. 100% FREE MARKET with zero rent stabilization. Unbeatable location just steps from the #7 subway train and multiple bus lines in a high-foot-traffic commercial corridor. Must see!

Listing Highlights

Status Active
Days on Site 0
Property Type Multi-Family
MLS ® 1032789
Year Built 1930
Total Square Footage 0
Lot/Acreage N/A
County Queens
School District Queens 24
Elementary School Ps 19 Marino Jeantet
Middle School Is 61 Leonardo Da Vinci
High School Newtown High School

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Electric,Multi Units
  • Heating: Electric
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Full,Storage Space
  • Other: High Ceilings,Open Kitchen,Washer/Dryer Hookup
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: 3 car
  • Parking Spaces: 3
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Detached,Garage

Financial Details

  • Tax Amount: $17,310
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 01739-0033
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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9807 37th Ave Corona, NY 11368

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Originating MLS: onekey2

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