38-19 99th Street,Corona, NY 11368
Corona, NY 11368
Description
Located at the Heart of Corona, this Impressive Four-story Brick Walk-up Represents a Premier Investment Opportunity with a Robust 6.25% Cap Rate. The Property is Fully Occupied, offering a Stable and Consistent Cash Flow underpinned by Severn Rent-Stabilized Residential Units and Two Established Community Facility Units, currently utilized as a Religious Center and a Professional Herbal Treatment Center. The building is Designed for Operational Efficiency, featuring Individual Gas and Electric Meter and Sprinklers throughout. Situated just a Short Walk from Roosevelt Avenue, the Property Offers Immediate Access to a Bustling Corridor of Commerce and Dining. The Easy Subway Access nearby Provides a Direct and Efficient Commute to Manhattan and Flushing, ensuring High Long-term Occupancy and Exceptional Value for any Savvy Investor.
Details
| MLS # | 986275 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 2005 |
| Days On Site | 201 |
| Listing Provided By | Lin Pan Realty Group LLC | Qian Huang |
Features
| SQ Feet | 5,184 |
|---|---|
| Basement | Y |
| Story(s) | 4 |
| Units | 9 |
| Acreage | 0.06 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Parking Features | None |
|---|
Utilities
| Utilities | Electricity Available, Natural Gas Available, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 6098 |
| Tax Lot | 27 |
Area Information
| State | NY |
|---|---|
| County | Queens |
| City | Corona |
| Zip Code | 11368 |
| School District | Newtown High School |
| Elementary School | Contact Agent |
| High School | Newtown High School |
| Listing VS Median (in 11368) | |
Price: $2,390,000 low | high Med: $854,500 sqft: 5,184 low | high Med: 2,708 $ / sqft: $461 low | high Med: $371 On site: 201 low | high Med: 83 | |
Market Activity 11368
Request a showing
Request a showing
Contact
Learn More About This Property
| State | NY |
|---|---|
| County | Queens |
| City | Corona |
| Zip Code | 11368 |
| School District | Newtown High School |
| Elementary School | Contact Agent |
| High School | Newtown High School |
| Listing VS Median (in 11368) | |
Price: $2,390,000 low | high Med: $854,500 sqft: 5,184 low | high Med: 2,708 $ / sqft: $461 low | high Med: $371 On site: 201 low | high Med: 83 | |
 | $2,000,000100-11 40th RoadCorona, NY 11368 |
 | $2,700,00010002 37th AvenueCorona, NY 11368 |
 | $2,850,0003729 103rd StreetCorona, NY 11368 |
270 Main Street
Cornwall, NY 12518
845-534-7874
Hours of Operation
Specializing in Buying and
Selling Real Estate in Cornwall,
NY and surrounding areas.
Fair House Notice
SOP for Purchasers of Real Estate
