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$1,749,000

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7 BD

4 BA

New

55-14 98th Corona, NY 11368

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John Matsis

jmatsis@americanarealtygroup.com +1(516) 871-4002

UPDATED:

01/17/2025 07:09 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY814527

Bedrooms 7

Full Baths 4

Originating Board onekey2

Rental Info No

Year Built 1988

Annual Tax Amount $17,726

Property Description

Fantastic investment opportunity! This well-maintained residential building features six rental units, with one tenant confirmed to be moving out, providing immediate potential for rent increases or updates. The remaining tenants are on flexible month-to-month leases, including one Section 8 rental, ensuring consistent income. The property generates between $9,000 and $10,000 in monthly rental income, including $300 from the parking space in the front. The building layout consists of one unit in the basement, two on the 1st floor, one on the 2nd floor, and two on the 3rd floor. Conveniently located near the Long Island Expressway (I-495), this property is perfectly situated for easy access to transportation and local amenities. Don't miss this incredible opportunity to add a high-performing asset to your portfolio!

Location

State NY

County Queens

Rooms

Basement Finished, Full

Interior

Interior Features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Open Floorplan, Open Kitchen, Storage, Walk Through Kitchen, Washer/Dryer Hookup

Heating Baseboard

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Exterior Feature Balcony, Courtyard

Utilities Available Natural Gas Available, Natural Gas Connected

Garage false

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Elm Tree Elementary School

Middle Schools Is 61 Leonardo Da Vinci

School District Queens24

Others

Senior Community No

Special Listing Condition None

Listed by Real Broker NY LLC

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John Matsis

Broker Associate | License ID: 10301222932

+1(516) 871-4002

55-14 98th Corona, NY 11368

John Matsis

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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55-14 98th