A prime Northern Blvd corner mixed use 5 Fam | 9902 Northern Blvd
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A prime Northern Blvd corner mixed use 5 Fam 9902 Northern Blvd
6 Unit Apartment Building $2,200,000 ($366,667/Unit) Corona, NY 11368
Investment Highlights
- Heavy Pedestrian traffic
- Delivered 100% vacant 5 Apartments and 1 store
- 30,000 Daily Vehicles
Executive Summary
For Sale: A prime retail location mixed used building delivered fully vacant.
5 Apartments with a store.
Property Video: https://youtu.be/oAK42FwyOzE
Ideal for investors looking for a high return on their investment.
Over 200,000 people within a 2 mile radius.
30,000 Daily Vehicle count.
When fully leased, the market rents are over $220,000 annually.
Lot size: 22.42 x 100
Building: 22.42 x 71 (1st floor)
Building size: 3,850 Sq.Ft.
Taxes: $19,255 year
*Victor Weinberger of REMAX Team
*917-806-7040 (cell) 917-591-8000 (eFax)
*718-429-4400 (office)
*E-mail: VWremax@gmail.com
*Web: http://www.VictorWeinberger.com
5 Apartments with a store.
Property Video: https://youtu.be/oAK42FwyOzE
Ideal for investors looking for a high return on their investment.
Over 200,000 people within a 2 mile radius.
30,000 Daily Vehicle count.
When fully leased, the market rents are over $220,000 annually.
Lot size: 22.42 x 100
Building: 22.42 x 71 (1st floor)
Building size: 3,850 Sq.Ft.
Taxes: $19,255 year
*Victor Weinberger of REMAX Team
*917-806-7040 (cell) 917-591-8000 (eFax)
*718-429-4400 (office)
*E-mail: VWremax@gmail.com
*Web: http://www.VictorWeinberger.com
Financial Summary (Pro forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$220,000
|
$57.14
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$220,000
|
$57.14
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$35,000
|
$9.09
|
| Net Operating Income |
$185,000
|
$48.05
|
Financial Summary (Pro forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $220,000 |
| Annual Per SF | $57.14 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $220,000 |
| Annual Per SF | $57.14 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $35,000 |
| Annual Per SF | $9.09 |
| Net Operating Income | |
|---|---|
| Annual | $185,000 |
| Annual Per SF | $48.05 |
Property Facts
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Walk Score ®
Walker's Paradise (91)
Transit Score ®
Excellent Transit (82)
Bike Score ®
Very Bikeable (85)
PROPERTY TAXES
| Parcel Number | 01714-0001 | Improvements Assessment | $151,784 (2024) |
| Land Assessment | $2,257 (2024) | Total Assessment | $154,041 (2024) |
PROPERTY TAXES
Parcel Number
01714-0001
Land Assessment
$2,257 (2024)
Improvements Assessment
$151,784 (2024)
Total Assessment
$154,041 (2024)
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A prime Northern Blvd corner mixed use 5 Fam | 9902 Northern Blvd
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