Legal 7-family located in a highly sought-after area of Corona offering over 6% CAP rate. The property comprises one duplex 3-bedroom unit and six 1-bedroom units, all of which are currently fully leased, and all units are sub-metered, Tenant pays their own utilities making it a low-maintenance investment opportunity. The property has significant tax savings with a 421 tax abatement, the property is expected to generate strong cash flow and appreciate in value over time. Situated in the vibrant neighborhood of Corona, residents benefit from the convenience of being close to a plethora of amenities, including shopping centers, restaurants, schools, parks, and public transportation options.
Property Details
Property Features
Property Information:
Architectural Style: Mid-Rise
Year Built: 2015
Living Area: 5,116 SqFt
Listing Office:
Office Name: B Square Realty Inc
Office Phone: (646) 889-9988
Interior Features
Interior Information:
Appliances: Oven, Refrigerator
Basement: Yes
Flooring Type: Hardwood
Interior: First Floor Bedroom
Bedroom and Bathroom Information:
Full Bathrooms: 8
Total Bedroom Count: 9
Exterior Features
Parking Information:
Attached Garage: No
Parking: Other
Lot Features
Lot Information:
Lot: Near Public Transit
Lot Size: 0.06 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Baseboard
Cooling: None
Other
Directions Information:
Directions: Google map
Price Information
Listing Price Info
Price Summary:
List Price: $2,680,000
Price Per SqFt: $524/SqFt
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Housing Market Comparison
See how this home compares to others in New York, NY.
This property is $1.8M more than the Median Sold Price and $113/SqFt less than other homes in New York, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #3588292
Listing Office:
Office Name: B Square Realty Inc
Office Phone: (646) 889-9988
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 10/30/2024, 4:56:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
PS 14 Fairview
10701 Otis Ave
Distance between this listing and this school0.21 miles
Public District Grades KG-5
5
/10
PS 220 Edward Mandel
6210 108th St
Distance between this listing and this school0.39 miles
Public District Grades PK-5
6
/10
PS 206 The Horace Harding School
6102 98th St
Distance between this listing and this school0.40 miles
Public District Grades PK-5
Nearby Schools
6
/10
Intermediate School 61 Leonardo Da Vinci
9850 50th Ave
Distance between this listing and this school0.30 miles
Public District Grades 6-8
9
/10
Central Queens Academy Charter School
5530 Junction Blvd
Distance between this listing and this school0.47 miles
Public Charter Grades 5-6
9
/10
Jr High School 157 Stephen A Halsey
6355 102nd St
Distance between this listing and this school0.58 miles
Public District Grades 6-9
Nearby Schools
7
/10
High School For Arts and Business
10525 Horace Harding Expy
Distance between this listing and this school0.30 miles
Public District Grades 9-12
2
/10
Voyages Preparatory
4510 94th St
Distance between this listing and this school0.74 miles
Public District Grades 9-12
5
/10
Civic Leadership Academy
4510 94th St
Distance between this listing and this school0.74 miles
The neighbors living near this home have an average income of $37,124. The majority of New York, NY residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
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This home is located at 53-12 102nd St in Corona, NY and zip code 11368 in the Northwestern Queens neighborhood. This 5,116 square foot home, which was built in 2015, sits on a 0.06 acre lot. Features: 9 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $2,680,000.
In September 2024, from all listings sold in New York, NY there were more than 238 sold above asking price, over 851 sold below and more than 765 were sold right at the asked price. Between August 2024 and September 2024, New York, NY real estate market has seen increase in the number of listings by 3%. While the average time on the market in September 2024 was 87 days, the median list price was $853,828.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
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