Buy with Yoreevo
$4,158,000
List Price: $4,200,000
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10436-1043 38th Avenue
Townhouse in North Corona •  building info
28bd • 22ba
Buy with Yoreevo

$4,158,000

List Price

$4,200,000

Key Details
Days on market
36
Last price change
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Estimated payment
$25,130/mo
Taxes
$1,238/mo
Maintenance
N/A
Description
Prime Elmhurst Investment Opportunity - 7.5 Cap Rate! -NOI 316,113 -Built in 2009: -Not just 1 but 2 well-maintained 4-story, 8-unit and 7 unit multifamily buildings -15 total apartments, 6 one beds / 5 two beds / 4 three beds - 54 total rooms / 28 total bedrooms - 7.5 cap rate in the heart of Corona, Queens -benefits from 421a tax abatements / RET 1,237 month -Spanning a total of 5,430 SF, sits on a 27 ft. x125 ft. and 20 ft. x 125ft. lots respectively Fully occupied, the property features separately metered electric and gas.Each unit has its own independent heating system, ensuring low low operating costs. Strong rental income and a prime location make this an exceptional turn-key investment opportunity. Do not miss out on this rare find- contact us today!

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Important Stuff
Pets allowed
Washer/Dryer in unit
Building info

History
What it'll cost
Purchase price
$4,200,000
Asking Price: $4,200,000
Term
30 Years
Down Payment
$420,000 (10%)
Min: 10% (420,000)
Rate
6.5 %
Mortgage Amount
$3,780,000
Mortgage Payment
$23,892
Taxes
$1,238
Estimated Yoreevo rebate
$42,000
Estimated closing cost
$160,000
Total monthly cost $25,130
Buy your dream home with us and get an estimated $42,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Douglas Elliman

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