Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1010897
Rental Info No
Year Built 2015
Annual Tax Amount $28,774
Property Sub-Type Retail
Source onekey2
Property Description
Property Highlights (Northern Blvd, Corona):
Total 3-Level Commercial Unit
?Ground Floor: 2,693 sq. ft. (Impressive 25'-38' storefront frontage)
?Second Floor: 1,537 sq. ft.
??Finished Basement: 1,675 sq. ft.
?Curb cut for loading -pull up access
?Private multiple cars driveway 23X100 sqft
Operating Costs: Common Charge: $1,410/mo | RE Taxes: $2,410/mo
Investment Potential: Projected Rental Income: $15,000/month | Conservative
CAP Rate: 5.5%
Strategic Location & Development: Situated within walking distance of the highly anticipated Metropolitan Park-the multi-billion dollar casino and entertainment complex spearheaded by Mets owner Steve Cohen and Hard Rock.
The Corona/Willets Point area is undergoing its most significant transformation in decades. With 23,000 new position projected, the demand for local services (retail, dining, amenities) will skyrocket. This is the turning point for Corona: transitioning from a local neighborhood hub to a premier New York destination for tourists and professionals alike.
Location
State NY
County Queens
Rooms
Basement Storage Space
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public
Building
Story 6
Sewer Public Sewer
Water Public
Structure Type Brick,Stucco
Schools
Elementary Schools Helen M Marshall School (Grades Kg-5)
Middle Schools Corona Arts And Sciences Academy
High Schools Queens24
School District Queens24
Others
Special Listing Condition None
Nearby Locations
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