Property Description
Rare find new construction eight units in Corona Queens NYC. The solid building features two apartment which 4 room/2 bedrooms each unit, every unit has a private balcony, separate boilers and water heaters. Every unit has a one year lease. Private driveway with four car detached garage which has been rented for $600 monthly plus one carport for $100 monthly. Gross yearly income $231,000, nets $217,433 yearly, competitive cap closes to 5.5%, property tax abatement will good for the next twelve years. Can’t miss the golden opportunity to own this money maker!!!
Features
: Flat
Address Map
11368
111th
5414
Street
0
E0° 0' 0''
N0° 0' 0''
MLS Addon
: Multi-family
8
126
: Stove, Laundry Area, Terrace
: Other
: 6+ Spaces
117120
Exit Realty Professionals
XueYan (Maggie) LI
XYL5146
$0
$0
: Laundry – Card Operated
: Brick
: Active
: High Ranch
$3,095
Residential For Sale
5414 111th Street, Carona, New York 11368
8 Bathrooms
8,652 Sqft
$4,080,000
Listing ID #488177
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 488177
Price : $4,080,000
Bathrooms : 8
Square Footage : 8,652 Sqft
Year Built : 2013
Lot Area : 3,742 Sqft
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