112 38ave, Corona, NY 11368

Located approximately five minutes from the subway, this legal eight-family property offers strong rental income and excellent long-term investment potential. Property Highlights: Legal 8-family building, Solid brick construction, built in 2006 Four stories Approximately 6,424 sq. ft. of building area Approximately 22 à? 73 ft. building dimensions Approximately 25 ft. lot frontage Each apartment features approximately 2 bedrooms and 1 bathroom Approximately 16 bedrooms and 9 bathrooms in total Full finished basement Backyard parking for approximately four vehicles Approximately six years remaining on the property-tax abatementCurrent total rental income: approximately $235,000 per year Tenants pay all utilities and expenses Easy-to-maintain all-brick construction Approximately five minutes from the subwayAn excellent opportunity for long-term rental income, portfolio expansion, or a 1031 Exchange.