104-107 37Th RdCorona, NY 11368

Property Details for 104-107 37Th Rd

Year built

2016

Lot size

0.05 AC

Property size (Sq ft)

6,087 SF

Property type

Apartment buildings

Description

This exceptional investment opportunity presents a well-maintained, three-story multifamily building situated in the vibrant Corona neighborhood of Queens, New York. The property, located at 107-22 37th Dr, boasts a total of 6,087 square feet on a 0.05-acre lot (48x42.27 feet). Constructed in 2016, the building is zoned R6B and offers a mix of residential and commercial space. The ground floor features a sizable storefront, ideal for a variety of businesses. The second floor comprises two apartments: a one-bedroom, one-bathroom unit and a two-bedroom, one-bathroom unit, each with its own kitchen and living room. The third floor contains three one-bedroom, one-bathroom apartments, each with a kitchen and living room. Tenants are responsible for their own heat, electricity, and cooking gas, simplifying property management. The building's convenient location offers easy access to shops, restaurants, schools, parks, and public transportation, including the Q48 bus and the 7 train (3 blocks away). This property presents a compelling investment opportunity with stable rental income and significant potential for future growth. The asking price is $2,730,000.

Location Insight

City

Corona

County

Queens

State

New York

Latitude

40.7529

Longitude

-73.8631

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