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Corona

43-12 104th St, Flushing, NY 11368

Located in the vibrant neighborhood of Corona, Queens, this rare new construction building offers an exceptional investment opportunity. The property features multiple well-appointed units, each equipped with essential amenities, including living rooms, kitchens, and full bathrooms. Designed with efficiency in mind, each unit has its own separate boilers and water heaters, enhancing tenant comfort and convenience. With a gross yearly rent roll of $119,100 and a net income of $109,109, the building boasts an impressive investment cap rate of approximately 5.5%. Additionally, the property benefits from a 9-year tax abatement, providing significant financial advantages for the owner. The building is conveniently located just moments away from a laundry facility, further appealing to prospective tenants. This well-maintained structure represents a remarkable opportunity for savvy investors looking to capitalize in the NYC real estate market.

Total Units: 1

For Sale: 1

For Rent: 0

Building type: Detached

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Corona

43-12 104th St, Flushing, NY 11368

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