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106-16 Corona Ave Corona, NY 11368
$1,580,000
  • For Sale
  • Year Built 1920
  • Multi Family
  • ML# 892888

Property Details

Overview

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.

Key Facts

  • Taxes: $5,613

Additional Features

  • Construction Materials: Brick
  • Interior Features: 
    Eat-in Kitchen

Interior & 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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