Prime Multi Family Building for Sale in Corona

Size
4,070 sq. ft.
Address
55-28 98th Street, Corona, NY 11368
Property Type
Investment, Mixed-Use
Block & Lot
1906 / 42
Zoning
R6B
Special Features
Building Dimensions: 20’ x 55’ Lot SF: 2,000 (20’ x 100’) 3-Story F.A.R: 2.00 Assessment (19/20): $728,000 The subject property is located on 98th Street between 55th and 57th Avenues in a prime Corona neighborhood. The building consists of 2 two-bedroom apartments, 3 one-bedroom apartments, 1 studio apartment, and parking for two vehicles. The property is under a tax abatement with 5 years remaining, so taxes have already started to increase. ALL APARTMENTS ARE FREE MARKET. Tenants pay their own heat and water. This is a prime opportunity for an owner, user, and/or investor.
Real Estate Taxes
$11,000 (19/20)
Nearby Transportation
The property is located near the Queens Center Mall, the M/R trains at the Woodhaven Boulevard Station, and multiple bus lines.
Exclusive Agent(s)
Broker’s Cooperation Invited
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