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MULTI_FAMILY - Corona, NY
This property presents an exceptional chance for investors seeking meaningful upside in one of Queens' most desirable and fast-growing neighborhoods. Offering a two-family layout and positioned within R6B zoning, it provides the flexibility to renovate, reconfigure, or pursue a larger development vision supported by an allowable FAR of 2.0. The existing five bedroom, two bathroom structure requires renovation but offers strong fundamentals and the opportunity to significantly enhance value through thoughtful improvements or expansion. Its location near transit, shopping, schools, and parks ensures consistent demand for both rental and resale strategies, while the current Certificate of Occupancy adds stability and optionality for future plans. Sold in as-is condition with all zoning and development details to be independently confirmed by the buyer, this property stands as a rare opportu...
This property presents an exceptional chance for investors seeking meaningful upside in one of Queens' most desirable and fast-growing neighborhoods. Offering a two-family layout and positioned within R6B zoning, it provides the flexibility to renovate, reconfigure, or pursue a larger development vision supported by an allowable FAR of 2.0. The existing five bedroom, two bathroom structure requires renovation but offers strong fundamentals and the opportunity to significantly enhance value through thoughtful improvements or expansion. Its location near transit, shopping, schools, and parks ensures consistent demand for both rental and resale strategies, while the current Certificate of Occupancy adds stability and optionality for future plans. Sold in as-is condition with all zoning and development details to be independently confirmed by the buyer, this property stands as a rare opportunity to capitalize on long-term growth in a prime New York City setting.
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