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Active - Mixed Use for sale

104-10-14 37th Avenue, Corona, NY 11368

5,139 sqft

Facts & features

Mixed Use Property type
1056 days on Beycome
1931 Year built
$433 Price/Sqft.
6,088 sqft Lot size

Why you’ll love it

This exceptional package deal includes a mixed-use property and an adjacent vacant lot, all in a prime Corona location. The mixed-use property features a three-family building with a commercial store (Deli) on the ground floor and a one-bedroom apartment. The second and third floors each have a spacious four-bedroom apartment. Situated near a variety of businesses, stores, Houses of Worship, and convenient transportation options including the 7 subway line and Q23 + Q48 bus lines. With a total income of $115,200 per year, this presents a lucrative and strategic opportunity for any buyer. Plus the adjacent vacant lot holds the potential to unlock even greater income possibilities! Cap Rate: 5.25% Rental Income: Grocery Store + 1 Bedroom Apartment $4,500 (2 more years on lease with option to 5 more); 2nd flr - 4 Bedroom Apt $2,500 exp. 01/2024; 3nd flr - 4 Bedroom Apt $2,600, no lease

Translating description...

Listed by: Nora E Avalos • nora@nysuperiorrealty.com • NY Superior Realty

Co-listed by: NY Superior Realty

Come see by yourself

Affordability

$1,445,000$3,005,000
1%20%
0%90%
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Estimated monthly payment

$13,113/mo

  • Mortgage$11,256
  • Property tax$1,857
  • HOA fee
  • Homeowners insurance
Due at closing$1,769,670
Down payment held in escrow$445,200
Closing costs$33,390
beycome credit Est.$44,520

Beycome estimates only. Actual amounts and terms vary by lender and location.

Discover the neighborhood

Travel times

About Corona

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.

$2,226,000 Listed price

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$44,520 Credit back

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