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106-16 Corona Ave, Corona, NY, 11368 $1,580,000

Multi Family For Sale  

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Details ML#: 892888  

  • # of Families: 2
  • Year Built: 1920
  • Taxes: $5,613
  • Status:Active

Description

Incredible Opportunity to own a Mix use building featuring retail store front plus one residential unit asset located in prime Corona. All tenants own the separate gas meters & electric meters. Lower property tax $5613. Income rate is over 5%. The first floor restaurant $4775 (3% increase per year, lease end on 2029) 2nd floor $2400 (Four bedroom two bath) no lease. Full finished basement. the owner pay 35% property tax, Water bill $300 Per Quarter, and insurance $4000 per/year. Building size 24x42 zoning R6B, C2-3.

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Appliances & Utilities

Heat: Natural Gas   A/C: None   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $5,613  

Listing Information provided courtesy of New Group Realty Inc  718-255-9100
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