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5626-5628 Van Cleef St

2 Multifamily Properties Offered at $4,795,000 in Corona, NY

Investment Highlights

  • Close to multiple retail stores/restaurants
  • Easy Access to Long Island Expressway/Grand Central Parkway
  • Located a few steps away from the Queens Zoo
  • Accessible to Public Transit

Executive Summary

- 14 Rent Stabilized Apartments
- 7 Family in each Building – Walk Up
- Tenants pay and control their own Heat/ Hot Water
- Tax Exempted (10 years left)
- Sprinkler Systems throughout
- Fireproof Building
- Updated Rubberized Roof
- Each Buildings have a Separate Finished Basement with a ½ Bathroom ,Laundry Room and Entrance to the Backyard
- All Kitchen Counters & Kitchen Floors are Granite
- All Bathrooms have Granite Floors
Owners Unit:
Duplex 3 BR, 2.5 Bath Apt located at 52-26 Van Cleef Street
4th FL has 2 Bedrooms, 1.5 Bathrooms, Top of the line Kitchen Appliances, 2 Balconies
5th FL has a Big Master Bedroom, Full Bathroom w/ Jacuzzi, Washer/Dryer, 2 Balconies

Property Facts

Price $4,795,000
Price / SF $402.27 / SF
Cap Rate 4.88%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 11,920 SF
Total Land Area 0.12 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
5628 Van Cleef Street
5628 Van Cleef St, Corona, NY 11368
Multifamily 5,335 SF 2007 -
5626 Van Cleef St
5626 Van Cleef St, Corona, NY 11368
Multifamily 6,585 SF 2007 -
Show More > < Show Less
  • Listing ID: 29511848

  • Date on Market: 9/13/2023

  • Last Updated:

  • Address: 5626-5628 Van Cleef St, Corona, NY

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