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9807 37th Ave, Corona, NYC

HomeListingsCorona › 9807 37th Ave

$3,780,000
Active 1 days on market
MLS# 1032789

9807 37th Ave

📍 Corona, Corona, NY 11368

Studio
3,600
Sqft
$1,050
Per sqft
1930
Year built
Co-op
Type

About this property

Full gut renovated, semi-detached all-brick 3-story property boasting a 20x60 building size on a 25x100 lot, plus a full basement with separate entrance. High-yield layout features 1 prime corner storefront, 5 spacious residential apartments (ALL 3-Bedroom units), and 3 detached garages. Features separate utilities with 5 gas meters and 6 electric meters. Every unit is equipped with its own in-unit washer and dryer, split-system A/C. Strong cash-flowing investment property generating $283,284 in gross annual income with low annual expenses of $37,460, delivering an impressive Net Operating Income (NOI) of $245,823 and a 6.5% CAP rate. 100% FREE MARKET with zero rent stabilization. Unbeatabl
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Amenities & features

FULL GUT RENOVATEDPRIME CORNER STOREFRONTSEPARATE ENTRANCEIN-UNIT WASHER AND DRYERSPLIT-SYSTEM A/CSTRONG CASH-FLOWING INVESTMENT

Key facts

Separate entrance
Split-system a/c
Full gut renovated

Property details

Property typeCo-op
Listing statusActive
Year built1930
Days on market1 days
MLS #1032789

Estimated monthly payment

Listing price$3,780,000
Down payment (20%)$756,000
Loan amount$3,024,000
Principal & interest (7%, 30yr)$20,118/mo
Property tax (est.)$3,676/mo
Home insurance (est.)$1,575/mo
Estimated total$25,369/mo

Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.

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