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10215 Corona Ave

5 Unit Block of Flats £1,564,899 (£312,980/Unit) 7.44% Net Initial Yield Flushing, NY 11368

Investment Highlights

  • Close to Transportion
  • Close to Shops

Executive Summary

Incredible opportunity to own a mixed use five family asset located in prime Corona. Seller is retiring and will consider providing seller financing dependent on 50% downpayment and market interest rate. Building has been extremely well maintained, is fully occupied and is cash flowing. Same owner for the last 25 years. Inquire now will not last!

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income £119,871 £54.49

Financial Summary (Actual - 2024)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual £119,871
Annual Per SF £54.49

Property Facts

Price £1,564,899
Price Per Unit £312,980
Sale Type Investment
Net Initial Yield 7.44%
No. Units 5
Property Type Residential
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid Rise
Building Class C
Lot Size 0.04 AC
Building Size 2,200 SF
Average Occupancy 100%
Number of Floors 3
Year Built 1938

Unit Amenities

  • Air Conditioning
  • Heating

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 1 - -
Walk Score ®
Walker's Paradise (91)
Transit Score ®
Excellent Transit (86)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01983-0069
Land Assessment
£2,437
Improvements Assessment
£134,154
Total Assessment
£136,591

zoning

Zoning Code R6B (Medium density residential district)
R6B (Medium density residential district)
  • Listing ID: 33488498

  • Date on Market: 11/10/2024

  • Last Updated:

  • Address: 10215 Corona Ave, Flushing, NY 11368

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