Calling All Investors, Developers, & End-Users!!! 5 Unit Free Market Mixed-Use Property In Corona For Sale!!!The Property Features Excellent Signage, Great Exposure, 6 Parking Spaces, High 10' Ceilings, 3 Br. Apartment, 2 Br. Apartment, (2) 1 Br. Apartments, Laundromat, Separate Meters, 100 Amp Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Corona Just A few Blocks From I-495 & The Grand Central Parkway!!! The Property Is Situated Near LaGuardia Airport, CitiField & The Queens Zoo!!! Neighbors Include Chase Bank, Marriott Hotels, Target, Costco, 7-Eleven, AutoZone, Dunkin', Walgreens, Key Food, Blink Fitness, Mattress Firm, McDonald's, Domino's, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: 1st Floor Apt. (1 Br., 525 Sqft.): $28,200 Ann. (Available) 2nd Floor 1 Br. Apt. (W/ Roof Terrace): $38,200 Ann. 1st Floor Rear 3 Br. Apt. (1,200 Sqft.): $50,200 Ann. (Available) LL Rear 2 Br. Apt. (1,200 Sqft.): $38,600 Ann. Laundromat (1,125 Sqft.): $61,875 Ann. (Available) Gross Income: $178,875 Ann. Expenses: Maintenance & Repairs: $250 Taxes: $17,221.76 Ann. Total Expenses: $17,471.76 Ann. Net Operating Income (NOI): $161,403.24 Ann.
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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