101St StCorona, NY 11368

For Sale
$3,880,000

Two buildings, six apartments, two stores. High-traffic location.

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents two mixed-use properties ideally situated in the bustling heart of Corona, New York. Each building boasts a thriving laundromat on the ground floor, generating consistent rental income. Above the commercial space, each building features three residential units: one spacious three-bedroom, two-bathroom apartment and two one-bedroom apartments. This translates to a total of six residential units and two commercial spaces across both buildings, providing a diverse and robust revenue stream. The property's prime location ensures high occupancy rates and strong rental demand. Its proximity to essential amenities and convenient access to public transportation, specifically a ten-minute walk to the 7 train on Roosevelt Avenue, further enhances its appeal to both tenants and investors. This is a rare chance to acquire a well-established, income-producing portfolio in a highly sought-after area. The properties are offered at $3,880,000, representing a compelling investment opportunity with significant potential for future appreciation. The buildings are ready for immediate income generation, making this an attractive proposition for savvy investors seeking a stable and profitable venture in a thriving New York City neighborhood. The exact square footage is not currently available. The lot size is zero acres.

Location Insight

City
Corona
County
Queens
State
New York
Latitude
40.75744
Longitude
-73.86745
101St St, Corona, New York

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101St St
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