55-14 98th Corona NY, 11368 Elm Tree Elementary School
$1,749,000
7 Beds / 4 Full Baths | ML# 814527
Property Picture

Fantastic investment opportunity! This well-maintained residential building features six rental units, with one tenant confirmed to be moving out, providing immediate potential for rent increases or updates. The remaining tenants are on flexible month-to-month leases, including one Section 8 rental, ensuring consistent income. The property generates between $9, 000 and $10, 000 in monthly rental income, including $300 from the parking space in the front. The building layout consists of one unit in the basement, two on the 1st floor, one on the 2nd floor, and two on the 3rd floor. Conveniently located near the Long Island Expressway (I-495), this property is perfectly situated for easy access to transportation and local amenities. Don’t miss this incredible opportunity to add a high-performing asset to your portfolio!

    Presented by Michael Stanco
    Michael Stanco Licensed Associate Real Estate Broker 917-293-0915 917-293-0915 sales@stancomisititeam.com
    Presented by Michael Misiti
    Michael Misiti Licensed Real Estate Broker 347-539-9893 347-539-9893 sales@stancomisititeam.com