11 Beds
7 Baths
11 Beds
7 Baths
Open House
Sun May 24, 11:00am - 1:00pm
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 965014
Bedrooms 11
Full Baths 7
Rental Info No
Year Built 2004
Annual Tax Amount $1,800
Lot Dimensions 22.17 x 100
Property Sub-Type Quadruplex
Source onekey2
Property Description
The property consists of 4 residential units:
• 1 Two-Bedroom / 1 Bath unit
• 3 Three-Bedroom / 2 Bath units
Additionally, the basement is fully finished.
Total rental income is $11,200/month, approximately $134,400/year. All tenants are long-term, stable, and well-qualified.
Property comes with 5 years remaining on tax abatement, significantly reducing carrying costs. Current property tax is $150/month, or $1,800/year. Water expense is $1,350 every 3 months, and garbage expense is $200/month. Tenants pay their own electricity and gas; landlord is responsible for water, property tax, and garbage only, keeping operating expenses low.
Conveniently located just 5 minutes' walk to the 7 Train station, offering easy access to Flushing and Manhattan. Close to shopping, schools, and neighborhood amenities.
This is a turnkey investment — sold with all tenants in place as a package deal, as-is. No vacancies. Ideal for investors seeking immediate cash flow and long-term appreciation.
A rare high-income-producing 4-family opportunity in Corona — don't miss it!
Location
State NY
County Queens
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Interior Features First Floor Bedroom
Heating Electric, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Driveway, Garage
Garage Spaces 1.0
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Garage true
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 143 Louis Armstrong
Middle Schools Is 61 Leonardo Da Vinci
High Schools Queens24
School District Queens24
Others
Senior Community No
Special Listing Condition None
Nearby Locations
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