Business Opportunity in Corona, Queens, NY 11368 | Web ID: PH529968 | $1,548,000

This prime corona mixed-use property offers an excellent investment opportunity with a cap rate of 5. 25%. The building features a three-family layout with a commercial store (deli) on the ground floor and a one-bedroom apartment. The second and third floors each house a spacious four-bedroom apartment, both with rear terraces. Situated near a variety of businesses, stores, houses of worship, and convenient transportation options including the 7 subway line and q23 + q48 bus lines. With a total income of $115, 200 per year, this presents a lucrative and strategic opportunity for any buyer and investor. Inquire about the lot for sale next door for a bigger income potential! Bsmt - full/unfinished - half bathroom 1st floor - grocery store - 1 bedroom apt - $4, 500 lease for both units for 2 more years with option to 5 more 2nd floor - 4 bedroom - living room - kitchen - full bathroom and rear terrace - $2, 500 lease up to 1/24 3rd floor - 4 bedroom - living room - kitchen - full bathroom and rear terrace - $2, 600 no lease