9911 43Rd AveCorona, NY 11368

For Sale
$1,200,000

Prime Corona Location, Six Units, High Potential

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a six-family building ideally situated in the heart of Corona, New York, at 9911 43rd Avenue. The property is zoned R5 and offers a substantial lot size of 20x100 feet, with the building itself measuring 20x70 feet. The building's configuration includes six residential units, each floor featuring a one-bedroom apartment in the front and a two-bedroom apartment in the rear. This provides a diverse rental mix and potential for strong rental income. Its location on a busy commercial street ensures convenient access to various transportation options, making it attractive to a wide range of tenants. Beyond the ease of transportation, the property benefits from its proximity to a vibrant array of shopping, dining, and entertainment venues, further enhancing its appeal and rental potential. This property represents a compelling investment opportunity for those seeking a strong return in a desirable and well-connected neighborhood. The building's layout and location combine to create a highly sought-after investment property with significant upside potential. The substantial lot size also offers potential for future development or expansion, subject to applicable zoning regulations. This is a rare opportunity to acquire a well-maintained multi-family building in a prime location with excellent growth prospects. The asking price is $1,200,000.

Property Details for 9911 43Rd Ave

Property type
Other commercial real estate
Year Built
1931

Location Insight

City
Corona
County
Queens
State
New York
Latitude
40.74686
Longitude
-73.86452
9911 43Rd Ave, Corona, New York

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9911 43Rd Ave
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