58-41 Waldron StQueens, NY 11368

Property Details for 58-41 Waldron St

Year built

2004

Property size (Sq ft)

6,240 SF

Property type

Apartment buildings

Description

This exceptional 8-unit apartment building, located at 58-41 Waldron Street in Corona, Queens, New York, presents a compelling investment opportunity. Built in 2004, the property boasts a total of 6,240 square feet and commands an asking price of $1,825,000. This translates to an attractive price per unit of $228,125 and a price per square foot of $292.47. The property's address is 58-41 Waldron St, Queens, NY 11368. Its convenient location within Queens County offers easy access to various amenities and transportation options. The building's solid construction and established tenancy make it an ideal investment for both seasoned and new investors seeking a stable and profitable multifamily asset in a thriving New York City borough. The property's strong financials and desirable location position it for continued growth and appreciation. This is a rare opportunity to acquire a well-maintained, income-producing property in a high-demand area. The property's 2004 construction date suggests a relatively newer building with potentially lower maintenance costs compared to older properties. The 8 units provide a diversified income stream, mitigating risk and enhancing the overall investment value. This property is ready for immediate income generation and offers a promising return on investment.

Location Insight

City

Queens

County

Queens

State

New York

Latitude

40.739

Longitude

-73.8513

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