Nestled in the heart of vibrant Corona. Well maintained. Twin buildings with a total 32 units, solid brick. 30 units are rent stabilized, 2 units are rent controlled, and 21 units of 1 bedroom, 11 units of 2 bedroom. Annual actual Gross income $600,204. Income rate is 5% Cap. The property are located close to main roads, with easy access to local amenities such as School, shopping, bank and various eateries. Near 7 train Subway station on Roosevelt Ave & Junction Blvd, Bus station on Northern Blvd. **Be Sold As a package deal with 98-15 34th Ave. Total $8,000,000**Lot Size 80x100 (building size 40x90 each). Those buildings have tremendous upside for rental income and long-term appreciation. Don't miss this opportunity to own a high potential asset in one of Queens.

Listing courtesy of New Group Realty Inc cathylinny@yahoo.com


Based on information submitted to the MLS GRID as of 2025-08-18 11:37 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.