55-14 98th, Corona, NY

$1,599,999

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13

Beds

7

Baths

About 55-14 98th

Come Check This Fantastic Investment Opportunity! This well-maintained residential building features **6 TOTAL** RENTAL Units, with one tenant confirmed to be moving out, providing immediate potential for rent increases or updates. The remaining tenants are on flexible month-to-month leases, Including one Section 8 rental, ensuring consistent Income. The property generates between $9,000 and $10,000 I monthly rental income, Including an additional $300 from the parking space In the front. The building layout consists of ONE unit In the basement, TWO on the 1st floor, ONE on the 2nd floor, and TWO on the 3rd floor. All together totaling 13 Bedrooms and 7 Bathrooms! Conveniently located near the Long Island Expressway (I-495). This property Is perfectly situated for easy access to transportation and local amenities close by! Don’t miss this Incredible opportunity to add a high-performing asset to your portfolio!

Features of 55-14 98th

MLS® # 814527
Price $1,599,999
Bedrooms 13
Bathrooms 7.00
Full Baths 7
Acres 0.00
Year Built 1988
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 55-14 98th
City Corona
County Queens
State NY
Zip Code 11368

Amenities

Utilities Natural Gas Available, Natural Gas Connected
Is Waterfront No
Has Pool No

Interior

Interior Features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Open Floorplan, Open Kitchen, Storage, Walk Through Kitchen, Washer/Dryer Hookup
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Features Balcony, Courtyard
Construction Brick

School Information

District Queens24
Elementary Elm Tree Elementary School
Middle Is 61 Leonardo Da Vinci

Additional Information

Date Listed January 15th, 2025
Days on Market 283
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Broker NY LLC
Contact Info516-426-3347

Listing Map

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