Turnkey 7-Unit Multifamily
For Sale
Contact for pricing
5212 102ND Street, New York, NY 11368
2013-built, fully occupied 7-unit property with a remaining tax abatement and a $162K rent roll.
Property SizeContact for details
Days on Market144
Property Features for 5212 102ND Street
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
R6B
Occupancy
100%
Net Operating Income
$150,205
Additional Details
Cap Rate
6.05%
Multifamily Units
7
Building Details
Year Built
2013
Units
7
Listing Agency:
E Realty International Corp
Listed By:
Bingqing Yan · License #10401296896
(917) 915-0566
Source:
Crexi
Added: Apr 18
Changed: Aug 24
Last Checked: Sep 8 at 6:43AM
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 E Realty International Corp
Investment Insights
Based on property information with market context.
This turnkey 7-unit multifamily investment was built in 2013 and is presented in move-in condition. The building is fully occupied and structured as a stable, income-producing asset.
Located at 5212 102ND Street in Corona, the property benefits from a tax abatement with 4 years still remaining. The current rent roll is reported at $162,000.
The seller highlights a 6.05% cap rate and positions the offering as a long-term, cash-flow oriented investment with the current occupancy in place.
Located at 5212 102ND Street in Corona, the property benefits from a tax abatement with 4 years still remaining. The current rent roll is reported at $162,000.
The seller highlights a 6.05% cap rate and positions the offering as a long-term, cash-flow oriented investment with the current occupancy in place.
Key Highlights
- 2013‑built 7‑unit investment property in Corona
- Fully occupied with a $162K rent roll
- Remaining 25‑year tax abatement (25 years per public remarks, still remaining 4)
Property Analytics
Current Use
Lease Details
7
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
702
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 2013-built, fully occupied 7-unit property with a remaining tax abatement and a $162K rent roll.
Where is this apartment building located?
The property is located at 5212 102ND Street New York, NY.
What is the asking price?
The asking price for this property is $2,480,000.
What are key features of this property?
This property features: 2013‑built 7‑unit investment property in Corona; Fully occupied with a $162K rent roll; Remaining 25‑year tax abatement (25 years per public remarks, still remaining 4)
