Legal 6-Family Walk-Up Apartment at 106 20 50th Avenue
$1,650,000
106 20 50th Avenue, Corona, NY 11368
4,800 SF
Square Feet
$344
PPSF
Property Description
Legal 6-Family, Pre-war Walk-up Apartment Building; comes with ONE 1-Bedroom and FIVE 2-Bedrooms. Well Maintained Building; Brand NewWindows & Doors; New Gas Heating and Hot Water Systems, plus Separate Utility Meters for each unit; Steady rental generating property greatfor investors, This building is solid, built by concrete and bricks, and it's huge, 20' x 80'; located in the center of Corona area. Very ConvenientLocation closes to the #7 Train, Major Expressway and nears Supermarket, Restaurant, Drug store, and Laundromat, etc. It is an ExcellentInvestment! Building Size: 20x80
Property Details
Asset Type
MultiFamily
Year Built
1931
Zoning
R6BC2-3
Lot Size
2,500 SF
Neighborhood
Corona
Submarket
Corona
ZIP
11368
Renovated
2020
Listing Type
sale
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$93,862
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$7,822
Annual Debt Service
$93,862
View on Map
Address
106 20 50th Avenue
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Corona MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
