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


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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 892882

Rental Info No

Year Built 1920

Annual Tax Amount $5,613

Property Sub-Type Multi Family

Source onekey2

Property 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 (three bedroom two bath) no lease. Full finished basement. the owner pay 50% property tax, Water bill $100/per month, and insurance $4000 per/year. Building size 24x42 zoning R6B, C2-3.

Location

State NY

County Queens

Rooms

Basement Finished, Full

Interior

Heating Natural Gas

Cooling None

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None


Listed by New Group Realty Inc
agent

Lucky To Live Here

+1(631) 708-9995

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106-16 Corona Ave