Property Description

Sale includes a package with 98-15 34th Avenue for a combined asking price of $7,800,000.Excellent investment opportunity in the heart of Corona, Queens. This package consists of two well-maintained, solid-brick buildings containing a total of 32 residential units, with 16 units in each building. The unit mix includes 21 one-bedroom apartments and 11 two-bedroom apartments. Of the 32 units, 30 are rent stabilized and 2 are rent controlled.Each building measures approximately 40 x 90 on a combined 80 x 100 lot. The properties are conveniently located near major roadways, schools, shopping, banks, restaurants, and other neighborhood amenities. Public transportation is easily accessible, including the 7 train at Roosevelt Avenue and Junction Boulevard, as well as nearby bus service along Northern Boulevard.The buildings offer strong potential for future rental growth and long-term appreciation, making this a compelling opportunity for an investor seeking a substantial multifamily asset in Queens

Property Features

Local Schools