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108-20/22 38Th Ave Queens, NY 11368

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For Sale
$3,850,000

16-unit residence in Corona with strong income potential.

Lot size:
0.17 Acres

Property Features for 108-20/22 38Th Ave

General Information

Lot size
0.17 Acres

Building Details

Year built
2009

Source: Winzone Realty Inc Agent Rebecca Fang

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Corona Multifamily Residence For Sale

Located in Corona, this 16-unit residential property features a total of 28 bedrooms, 20 full bathrooms, and 4 half bathrooms. The property generates a yearly gross income of $390,000, with yearly expenses of $90,000. The tax abatement is scheduled to end in June 2026.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Queens
County
Queens
State
New York
Longitude
-73.943028
Latitude
40.758597

FAQs

What type of property is this?
Apartment building - 16-unit residence in Corona with strong income potential.
Where is this apartment building located?
The property is located at 108-20/22 38Th Ave Queens, NY.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: - High Gross Annual Income: $390,000; - Attractive Cap Rate; - 16-Unit Residence offering a great investment opportunity.
More about this property
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