10620 50th Ave Flushing, NY 11368-2948

This exceptional investment opportunity presents a well-maintained, six-unit pre-war walk-up apartment building located in the heart of Corona, NY. The property boasts a substantial 4,800 square feet of living space situated on a 0.06-acre lot. The building's layout comprises one one-bedroom unit and five two-bedroom units, all generating steady rental income, making it ideal for investors seeking a strong return. Recent upgrades include brand new windows and doors, ensuring energy efficiency and reduced maintenance costs. Furthermore, a new gas heating and hot water system has been installed, along with individual utility meters for each unit, providing tenants with transparency and simplifying billing. Constructed of concrete and brick, this solid building measures 20 feet by 80 feet, showcasing its substantial size and durability. Its prime location offers unparalleled convenience, with close proximity to the #7 train, major expressways, and an array of essential amenities including supermarkets, restaurants, pharmacies, and laundromats. This is a truly exceptional investment opportunity, offering a blend of strong rental income, modern upgrades, and a highly desirable location. The building's solid construction and strategic location ensure long-term value and stability for the discerning investor. The 0% vacancy rate further underscores the property's consistent performance and appeal to tenants.