6 Family fully occupied brick investment building in Heart of Corona with about 7% Cap rate. Only $2970 annual Property Taxes and Exemption until 2034. Tenants pays for their own Utilities.
Landlord pays water a common area utilities. Building size is 25x53, Built in 2007, R6B Zoning.
It's close to local amenities, public transportation. Q58 Bus on Corona Ave, and Close to the 7 Train. Near Corona Parks, Queens Museum & Zoo. Minutes' easy access to LIE495, 678 & Grand Central Pkwy. Don't miss this opportunity to own a valuable asset in Corona's thriving community. Sold As-Is with tenants in place. Income & Expenses available upon request. All information is deemed correct but not guaranteed and should be independently verified.
102-26 Corona Avenue, New York, (Corona), NY, 11368
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
