Corona, NY

Real Estate For Sale - Land 200 X 100

Price: $10,500,000
Address:
City: Corona
State: NY
Zip:
Fee: No
Seller Type: By Owner
Provided By: ListedBuy

Description:

Property for Sale For Multi Family or Commercial and Residential Condo DevelopmentPrice: 10,500,000. Lot Size: Frontage 200 X 100 Depth. 20,000 S.F. Buildable 40,000 SF - R6B Zoning. Profitable for Rentals and Commercial Condo Area - Walking distance to 7 train subway.Buses to Roosevelt Ave., Corona. Or Queens Blvd., Forest Hills. Semi busy area.Below are the details for consideration of the sale:1) The price: $10,500,000. Buyer/s' pay the Transfer Tax and Sold As Is-Where Is.2) Buyer/s' must put 10% down payment upon Contract, 90% on Closing (Must be 'All Cash' deal).3) The property has 4 mnth to month tenants. (Rental Income $337,000 a year). The Sellers' agrees to vacate the property of tenants and be allowed the legal max period of time for eviction.4) Buyer/s agrees to close within 30 days after the property is vacant. 5) Seller is paying **All remediation and monitoring expenses in regard to the violation agreed and ordered by the NYS Department. of Environmental Conservation (DEC) until Closing.

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