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3717-3719 108th St
Corona, NY 11368 North Corona

$3,000,000 USD

Apartments For Sale  •  15,068 SF

Property Details

  • Property Type Apartments
  • Total Building Size 15,068 SF
  • Lot Size 0.11 AC
  • Building Class B
  • Year Built 2008
  • Cap Rate 9.40 %
  • Zoning C1-4 / R6BBlock
84 Transit Score
93 Walk Score

Highlights

2 contiguous 4 story mixed use buildings with 14 rent stabilized residential apartments and 2 commercial units.
Each apartment has its own boiler and HVAC unit, some units have a balcony.
Each commercial unit is slightly below grade with small elevator and handi-cap accesible platform lift.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $282,172 USD (2024)
Cap Rate: 9.40 %
Total Expenses: $177,068 USD

Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Wheelchair Accessible (Rooms)

Public Transportation

Commuter RailDriveWalkDistance
Flushing-Main Street Station (Port Washington Branch - Long Island Rail Road) 8 min - 2.4 mi
Woodside Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road) 13 min - 3.1 mi
Transit/SubwayDriveWalkDistance
111 Street (7 Line) (7 - New York MTA Subway (The Subway)) 1 min 7 min 0.4 mi
103 Street-Corona Plaza (7 - New York MTA Subway (The Subway)) 1 min 7 min 0.4 mi
Junction Boulevard (7 - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
Mets-Willets Point (7 - New York MTA Subway (The Subway)) 3 min 18 min 1.0 mi
90 Street-Elmhurst Avenue (7 - New York MTA Subway (The Subway)) 5 min 19 min 1.0 mi
AirportDriveWalkDistance
La Guardia 9 min - 2.5 mi
John F. Kennedy International 16 min - 10.6 mi
Newark Liberty International 41 min - 24.5 mi
Nadeem Haque 646-794-1484 Friedman-Roth Realty
Nadeem Haque 646-794-1484 Friedman-Roth Realty