45-12 111 St, Corona, NY 11368

Property Description

Solid brick semi-attached 7-family apartment building located in the heart of Corona! Well-maintained and built in 2004, with six 1-bedroom/1-bath apartments and one spacious 3-bedroom/2-bath apartment, with a private balcony. The property is rent-stabilized and benefits from a 25-year 421-a tax exemption scheduled to expire in 2030. The next-door property at 45-10 111th Street is also available for sale, offering a rare opportunity to purchase one building individually or both as a package to expand your investment portfolio. Near the bus Q23, the 111 Street #7 subway station, near shopping, supermarkets, restaurants, schools, parks, and major highways. All information, including but not limited to property condition, income, expenses, rent roll, 421-a benefits, regulatory status, and future rental potential, is deemed reliable but not guaranteed. Individuals are advised to perform their own independent due diligence and verify all information.