6-Unit Brick Apartment
For Sale
$989,000
40-15 102nd Street, Corona, NY 11368
The six apartments are all two-bedroom units, with a mix of free-market and rent-stabilized status.
Property Size4,350 SF
Price / SF$227.36
Days on Market152
Property Features for 40-15 102nd Street
General Information
Standard status
Active
Size
4,350 SF
Property subtype
Commercial
Zoning
R6B
Net Operating Income
$68,701
Financials
Cap Rate
6.8%
Gross Income
$122,808
Units
Unit Mix
6 x 2BR
Multifamily Units
6
Additional Details
Public Transit
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$35,428
Building Details
Building Size
4,350 SF
Year Built
1974
Buildings
1
Units
6
Construction
brick
Listing Agency:
Winzone Realty Inc
(718) 899-7000
Listed By:
Jozsef Juhasz
(917) 686-3355
Source:
Croninreale
Added: May 26
Changed: Oct 23
Last Checked: Oct 23 at 9:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Winzone Realty Inc
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Investment Insights
Based on property information with market context.
This 4,350-square-foot brick apartment building contains six two-bedroom apartments. Constructed in 1974, it is offered with tenants in place and in as-is condition. Two apartments are free market, while the other four are rent stabilized. The reported cap rate is 6.8%, and the property is zoned R6B.
The building is near the #7 train and at Roosevelt Avenue and 102nd Street in Corona, New York.
The building is near the #7 train and at Roosevelt Avenue and 102nd Street in Corona, New York.
Key Highlights
- Six two‑bedroom apartments in a brick building
- Reported 6.8% cap rate
- 4,350 square feet
Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,244
Businesses Nearby
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Business Placement
Demographics for 11368, NY
117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - The six apartments are all two-bedroom units, with a mix of free-market and rent-stabilized status.
Where is this apartment building located?
The property is located at 40-15 102nd Street Corona, NY.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Six two‑bedroom apartments in a brick building; Reported 6.8% cap rate; 4,350 square feet
