102-20 Radcliff Avenue, New York, NY, 11368
$1,700,000
activeLot Size
2,500 sqft
Year Built
1991
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Located in the heart of Corona, Queens, 102-20 Radcliff Avenue is a seven-unit multifamily investment property with an additional superintendent’s unit. Built in 1991, it offers notably newer construction and more modern building systems than much of the surrounding pre-war and mid-century housing stock in the neighborhood. The building is comprised of eight one-bedroom apartments, a uniform unit mix that simplifies leasing, turnover, and day-to-day management while appealing to the steady base of renters this pocket of Queens consistently attracts. All units are currently occupied, allowing the new owner to take over and immediately begin collecting rental income. The property also includes a driveway and one-car garage. 102-20 Radcliff Avenue represents a straightforward, professionally manageable addition to a multifamily portfolio. Corona is one of the borough’s most densely populated and in-demand rental neighborhoods, giving tenants convenient access to Manhattan via the 7 train, along with proximity to Flushing Meadows Corona Park, Citi Field, and the USTA Billie Jean King National Tennis Center, plus everyday retail and dining along Roosevelt Avenue and National Street and easy access to LaGuardia Airport, the Grand Central Parkway, and the Long Island Expressway.
Listed by Jannece K. Coleman, Signature Premier Properties
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