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10713 Northern Blvd

3 Unit Apartment Building $1,899,000 ($633,000/Unit) 7.08% Cap Rate Corona, NY 11368

Investment Highlights

  • Heavy high car traffic , next to major highways
  • Desirable residential and commercial location
  • very next to transportations

Executive Summary

Excellent investment property on this busy Northern Blvd very well located right by a major highway , five mints driving to Flushing , right by transportations . This building has a large store on the first floor with high celling , full finished basement with a separated entrance , two large 3Brs with 2 full bathrooms on the second and third floors , excellent CAPE RATE , don't loose this opportunity to be the new owner of this excellent building .

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,899,000
Price Per Unit $633,000
Sale Type Investment
Cap Rate 7.08%
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class C
Lot Size 0.05 AC
Building Size 3,180 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1930/2022

Unit Amenities

  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
6+4 2 $3,800 -
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (79)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01702-0061
Land Assessment
$44,973 (2024)
Improvements Assessment
$53,161 (2024)
Total Assessment
$98,134 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023

zoning

Zoning Code R6B (a medium-density residential zoning district in New York City that's designed to preserve the character of a neighborhood)
R6B (a medium-density residential zoning district in New York City that's designed to preserve the character of a neighborhood)
  • Listing ID: 32060333

  • Date on Market: 6/7/2024

  • Last Updated:

  • Address: 10713 Northern Blvd, Corona, NY 11368

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