98-15 34th Avenue, Corona, NY 11368

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List Price
$3,500,000
Status
ACTIVE
Days on Market
56
MLS#
1029974
Subtype
Commercial Sale
Year Built
1927

Property Description

Excellent investment opportunity in the heart of Corona, Queens. This package consists of two well-maintained, solid-brick buildings containing a total of 32 residential units, with 16 units in each building. The unit mix includes 21 one-bedroom apartments, and 11 two-bedroom Sale includes a package with 98-15 34th Avenue for a combined asking price of $7,250,000. Excellent investment opportunity in the heart of Corona, Queens. This package consists of two well-maintained, solid-brick buildings containing a total of 32 residential units, with 16 units in each building. The unit mix includes 21 one-bedroom apartments and 11 two-bedroom apartments. Of the 32 units, 30 are rent stabilized and 2 are rent controlled. Each building measures approximately 40 x 90 on a combined 80 x 100 lot. The properties are conveniently located near major roadways, schools, shopping, banks, restaurants, and other neighborhood amenities. Public transportation is easily accessible, including the 7 train at Roosevelt Avenue and Junction Boulevard, as well as nearby bus service along Northern Boulevard. The buildings offer strong potential for future rental growth and long-term appreciation, making this a compelling opportunity for an investor seeking a substantial multifamily asset in Queens. apartments. Of the 32 units, 30 are rent stabilized and 2 are rent controlled. Each building measures approximately 40 x 90 on a combined 80 x 100 lot. The properties are conveniently located near major roadways, schools, shopping, banks, restaurants, and other neighborhood amenities. Public transportation is easily accessible, including the 7 train at Roosevelt Avenue and Junction Boulevard, as well as nearby bus service along Northern Boulevard. The buildings offer strong potential for future rental growth and long-term appreciation, making this a compelling opportunity for an investor seeking a substantial multifamily asset in Queens.

Additional Information

Taxes
$64,013
Heating
Natural Gas
Air Conditioning
None
Parking
On Street
Parking Features
On Street
School District
Queens 30
Elementary School
Ps 92 Harry T Stewart Sr
Middle School
Is 145 Joseph Pulitzer
High School
Frank Sinatra School Of The Arts Hs

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Listing courtesy of Listing Agent: Eduardo Ramirez (eramirezj17@gmail.com) from Listing Office: Telemundo Realty Corp.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.