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Property Description

Solid brick semi-attached 7-family apartment building located in the heart of Corona! Well-maintained and built in 2004, with six 1-bedroom/1-bath apartments and one spacious 3-bedroom/2-bath apartment, with a private balcony. The property is rent-stabilized and benefits from a 25-year 421-a tax exemption scheduled to expire in 2030. The next-door property at 45-10 111th Street is also available for sale, offering a rare opportunity to purchase one building individually or both as a package to expand your investment portfolio. Near the bus Q23, the 111 Street #7 subway station, near shopping, supermarkets, restaurants, schools, parks, and major highways. All information, including but not limited to property condition, income, expenses, rent roll, 421-a benefits, regulatory status, and future rental potential, is deemed reliable but not guaranteed. Individuals are advised to perform their own independent due diligence and verify all information.

Overview

Property Status
For Sale
Lot Size
2,500 Sq.Ft.
MLS ID
11866829
Property Type
Commercial
Year Built
2004

Features & Amenities

Architecture Styles
Mid-rise
Stories
4
Roof
Flat
Heat Type
Baseboard, Natural Gas
School District
NEW YORK CITY GEOGRAPHIC DISTRICT #24
Sales Price
$1,699,000
Real Estate Tax
$1,421/yr
Zoning
Multi-Family

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45-12 111 St

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45-12 111 St

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  • CallMillie Hong

    License #40HO0904866

    (718) 415-4043
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