Relatively young multi family building in the heart of Corona. This building consists of 6 units in total. it has 2 one bed rooms, 2 two bedrooms, 1 four bedroom with two baths a stationary store on the first floor and a full finished basement. The total rent roll is 19,799. Expenses are approximately 2,050 per month. The building is rent stabilized for the next 14 years due to an abatement given when building was constructed. Based on current NOI the cap rate is approximately 7%. This building Is Ideal if you don't drive because its one block from the number 7 train that takes you into the city. Walking distance to shopping makes it a haven for a good rental property.
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Estimated Payment
$ 8,399.98 per month $6,454.14 Principal & Interest $1,100.00 Property Tax $845.83 Homeowner's InsuranceListing By
Agency Name: True Homes Inc
Agency Contact: 631-319-8059
Shown By
Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902
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104-29 Roosevelt | MLS# 956572
This multi-family property located at 104-29 Roosevelt, Corona, NY 11368 is currently listed for sale with an asking price of $2,900,000. Search Corona real estate on www.laffey.com today.