Rare find new construction eight units in Corona Queens NYC. The solid building features two apartment which 4 room/2 bedrooms each unit, every unit has a private balcony, separate boilers and water heaters. Every unit has a one year lease. Private driveway with four car detached garage which has been rented for $600 monthly plus one carport for $100 monthly. Gross yearly income $231,000, nets $217,433 yearly, competitive cap closes to 5.5%, property tax abatement will good for the next twelve years. Can`t miss the golden opportunity to own this money maker!!!
Details:
Families:
8
Bathrooms:
8
Property Type:
Multi-Family
Built:
2013
Financials:
Price:
$4,080,000
Exit Realty Professionals Xueyan (maggie) Li Office: (718)838-2600
provided by Brooklyn NY MLS
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