34-70 110TH Street #NA
About This Property
The building is two (2) stories tall and offers a full height basement. Sitting on a 20' x 100' lot, the building is 16' X 50' is approx. 2,763SF including the full above grade basement. Each unit boasts natural light and has been tastefully renovated featuring kitchen with stainless steel appliances, bathrooms appointed with tub, vanity & mosaic tiles, new windows, hardwood flooring, recessed lightning, modern fixtures and more.The basement can be used as a giant recreation area or be used for an office. The two rentals on the 2nd floor are each 1-bedroom 1-bathroom units.
The house is conveniently located in the heart of Corona near neighborhood amenities on 108th St with ever-expanding choice of supermarkets, restaurants, cafes, grocery stores, and nearby local parks & playgrounds. Local attractions include Flushing Meadows Corona Park, Queens Zoo, Queens Museum, Queens Night Market, New York Hall of Science, Citi Field - home of the Mets and Flushing is close by. The 7 subway on bustling 103rd St is an easy commute into Manhattan and Long Island City.
Please inquire for a full setup and private appointment to view the property.
All material herein is intended for information purposes only and has been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes, or withdrawal without notice. Buyer to verify all information.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2024 | Sold | ||
| Sold | |||
| Feb 20, 2024 | Price Decreased |
$1,100,000
↓ $12K
(1.1%) | |
| Price Decreased | |||
| Feb 20, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2023 | Relisted | $1,112,000 | |
| Relisted | |||
| Sep 24, 2023 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/20/2023
| |
5 Bed
|
3 Bath
|
-
|
$1,250,000
5 Bed
3 Bath
|
$1,112,000
-11.04%
04/15/2024
|
Donald Lai
Corcoran Group
|
|
03/20/2023
|
5 Bed
|
4 Bath
|
2763 ft²
|
$1,250,000
5 Bed
4 Bath
2763 ft²
|
$1,112,000
-11.04%
04/15/2024
|
Donald Lai
Corcoran Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017