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$ 6,180,000
Est. payment /mo
Price Dropped by $400K
97-17 37 AVE Corona, NY 11368
5,009 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 943233
Rental Info No
Year Built 1930
Annual Tax Amount $70,383
Lot Size 5,009 Sqft
Acres 0.115
Property Sub-Type Mixed Use
Source onekey2
Property Description
Prime mixed-use investment opportunity in Corona, Queens! Bringing in a strong $480,000+ per year income, this corner-lot building features 7 total units, including 3 retail spaces and 3 residential apartments and a community space; generating strong, consistent income with a 6.5% cap rate. Conveniently located near public transportation, this property offers both excellent visibility for retail tenants and long-term residential rental stability. A must-see for investors seeking a turnkey income-producing asset in a high-demand area.
Location
State NY
County Queens
Rooms
Basement Finished, Full, See Remarks, Walk-Out Access
Interior
Heating Natural Gas
Cooling Multi Units
Fireplace No
Exterior
Parking Features On Street
Utilities Available See Remarks
Building
Sewer Other
Water Other
Structure Type Brick,Frame
Others
Special Listing Condition None
Listed by Real Broker NY LLC • Christopher Chandler
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