Rare find new construction building with 9 years tax abatement is available in Corona Queens NYC. Every nice unit features living room, kitchen, full bathroom and one bedroom, separate boilers and water heaters. Gross yearly rent roll $119,100, net $109,109. The laundry store is right one the across street. Investment cap rat is close to 5.5%. Again tax abatement will be good for another 13 years. Don't miss the great opportunity to own this money maker in NYC. Should take a closer look.
Rare find new construction building with 9 years tax abatement is available in Corona Queens NYC. Every nice unit features living room, kitchen, full bathroom and one bedroom, separate boilers and water heaters. Gross yearly rent roll $119,100, net $109,109. The laundry store is right one the across street. Investment cap rat is close to 5.5%. Again tax abatement will be good for another 13 years. Don't miss the great opportunity to own this money maker in NYC. Should take a closer look.
Listing Courtesy of Exit Realty Professionals