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About This Home
This 0-bedroom, 0-bathroom residential multi family at 5626 & 5628 Van Cleef Street in Corona, NY is listed for $3,190,000. Built in 2007, on a 0.06 acres lot.
RARE TURNKEY MULTIFAMILY INVESTMENT IN PRIME CORONA! Outstanding 7.9% Cap Rate with a Net Operating Income (NOI) of $251,447. This exceptional property consists of two meticulously maintained, adjacent fireproof buildings built in 2007, offering a total of 14 residential units.
One unit is configured as a free-market 3-bedroom, 2.5-bath duplex and may be delivered vacant. Features include private balconies, in-unit washer/dryer, and en-suite bathroom. Remaining units are rent-stabilized and include granite countertops, tiled flooring, and updated bathrooms.
Buildings are equipped with sprinkler systems, rubber roofing, finished basement and access to outdoor space. Units are separately metered, with tenants responsible for heat, gas, and electricity. Located within an R6B zoning district with proximity to public transportation, major roadways, and commercial corridors, fully occupied with strong tenant demand.
Key Features
- Built in 2007
- 0.06 acre lot
- 4 stories
Property Details
Amenities
Monthly Cost Estimate
$17,061/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5626 & 5628 Van Cleef Street
Corona, NY 11368
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 5626 & 5628 Van Cleef Street is listed at $3,190,000. The estimated monthly payment is $13,823 based on 20% down at 6.5% interest.
Key features include: Built in 2007, 0.06 acre lot, 4 stories.
This property is listed by Xing Zheng and can be reached at 9179023898 or derek@linpanrealty.com.
