5626 & 5628 Van Cleef Street, New York, NY, 11368
$3,490,000
activeLot Size
5,260 sqft
Year Built
2007
Stories
4
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
RARE TURNKEY MULTIFAMILY INVESTMENT IN PRIME CORONA! Outstanding 7.2% Cap Rate with a Net Operating Income (NOI) of $251,447. This exceptional property consists of two meticulously maintained, adjacent fireproof buildings built in 2007, offering a total of 14 residential units. One unit is configured as a free-market 3-bedroom, 2.5-bath duplex and may be delivered vacant. Features include private balconies, in-unit washer/dryer, and en-suite bathroom. Remaining units are rent-stabilized and include granite countertops, tiled flooring, and updated bathrooms. Buildings are equipped with sprinkler systems, rubber roofing, finished basement and access to outdoor space. Units are separately metered, with tenants responsible for heat, gas, and electricity. Located within an R6B zoning district with proximity to public transportation, major roadways, and commercial corridors, fully occupied with strong tenant demand.
Listed by Xing Zheng, Lin Pan Realty Group LLC
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Apr 17, 2026, 2:41 AM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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