Four Story Apartment Building For Sale

Corona, NY
Queens County


Asking Price: Annual Revenue:
$5,700,000 Not Disclosed

Commercial Real Estate: Multi-Family


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RE: Four Story Apartment Building For Sale Broker: Seller of Business

Quick Facts

Asking Price: $5,700,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: NY
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 158736927
Broker Reference #: Not Disclosed

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Business Overview:

29 one bedroom and 9 two bedroom units that are oversized. Walking distance to train. Gross Annual Income - $518,404, Vacancy & Credit Loss $(15,552), Effective Gross Annual Income - $502,851, Expenses (includes Taxes) $219,582, NOI - $283,270

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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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