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About the Listing CMPA01 - 211779
Rare opportunity to own an income-producing five-family in the heart of Corona. This detached three-story brick building (approx. 3,750 SF on a 2,500 SF lot, built 1931, R5 zoning, Class C2) offers light and air on all four sides, a private paved side driveway with off-street parking, and balconies serving the upper units. The building is fully occupied with five identical two-bedroom, one-bath apartments – one on the first floor and two each on the second and third – producing $9,211/month ($110,532/year) in gross rent or a 5.5% cap. Six separate electric meters keep tenants responsible for their own electric; landlord covers water and gas. No basement means a straightforward, low-maintenance footprint with a modest expense load. Insurance approx. $4,500, water $5,000, gas $6,000, repairs/maintenance $6,000; 2027 real estate taxes $42,050 per NYC DOF. Sold with tenants in place. The location speaks for itself: a short walk to the 7 train at 103 St–Corona Plaza, the Roosevelt Avenue and National Street retail corridors, and Flushing Meadows–Corona Park, with quick access to the Grand Central Parkway, LIE and LaGuardia!
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Electric
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: $42,050
- Taxes w/Assessments: N/A
- Tax/Property ID: 01630-0014
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
101-30 45th Ave Corona, NY 11368
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