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11242 38th Ave 8 Unit Apartment Building $4,018,899 CAD ($502,362 CAD/Unit) 5% Cap Rate Corona, NY 11368
INVESTMENT HIGHLIGHTS
- Premium Location
- It is possible to convert it into condo building
- No rent stabilized; no rent stabilized
EXECUTIVE SUMMARY
Corona 8 Family for Sale
Built 2018, Zoning R6,
No rent stabilized; no rent stabilized
Cap rate 5-6%
Lot 25x100,
Building size 25x51 total 5294sqft
6x 2bedroom 1 bathroom
2x 1bedroom 1bathroom
8 water meter 8 Gas meter 9 electric meter
8 boiler 8 heater
It is possible to convert it into condo building.
All good tenants,
2 blocks to Roosevelt 7 train, supermarket, restaurants, Citi field...
Asking price $2,880,518
Call me for more information
E Realty Coco 347-996-7996
Built 2018, Zoning R6,
No rent stabilized; no rent stabilized
Cap rate 5-6%
Lot 25x100,
Building size 25x51 total 5294sqft
6x 2bedroom 1 bathroom
2x 1bedroom 1bathroom
8 water meter 8 Gas meter 9 electric meter
8 boiler 8 heater
It is possible to convert it into condo building.
All good tenants,
2 blocks to Roosevelt 7 train, supermarket, restaurants, Citi field...
Asking price $2,880,518
Call me for more information
E Realty Coco 347-996-7996
PROPERTY FACTS
| Price | $4,018,899 CAD | Property Subtype | Apartment |
| Price Per Unit | $502,362 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5% | Building Size | 5,284 SF |
| No. Units | 8 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 2018 |
| Zoning | R6 - a medium-density residential zoning district that allows for a variety of building types, including townhouses, small residential buildings, and mixe | ||
| Price | $4,018,899 CAD |
| Price Per Unit | $502,362 CAD |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,284 SF |
| No. Stories | 5 |
| Year Built | 2018 |
| Zoning | R6 - a medium-density residential zoning district that allows for a variety of building types, including townhouses, small residential buildings, and mixe |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
| 1+1 | 2 | - | - |
1 1
Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (86)
PROPERTY TAXES
| Parcel Number | 01785-0020 | Improvements Assessment | $476,888 CAD |
| Land Assessment | $61,902 CAD | Total Assessment | $538,790 CAD |
PROPERTY TAXES
Parcel Number
01785-0020
Land Assessment
$61,902 CAD
Improvements Assessment
$476,888 CAD
Total Assessment
$538,790 CAD
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11242 38th Ave
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