Rare find new construction building with 13 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 13 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