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101-03 37th Avenue

Corona, NY 11368
  • $1,685,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 879284
UPDATED: 78 min ago
$1,685,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

Excellent investment opportunity with approx. 7% Cap Rate. This prime mixed-use property offers strong income potential and will be delivered fully vacant ready for occupancy or leasing. The ground level features a versatile commercial space ideal for retail or office use, benefitting from high visibility and steady foot traffic in a thriving location near the 7 train and Northern Blvd. Above the commercial unit are two spacious residential apartments with a separate private entrance. The second-floor unit boasts four bedrooms, a full bathroom, living room, dining area, and a full kitchen perfect for larger households or higher rental yield. The third-floor apartment offers two bedrooms, a full bathroom, living and dining areas, and a full kitchen. This property presents an attractive opportunity for investors and owner-operators alike, with flexible use options and proximity to public transportation, shops, and amenities.

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-07-08T13:18:49.87.
www.nicoleburkehomes.com/homes/165041250
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101-03 37th Avenue Corona, NY 11368

  • Price: $1,685,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 78 min ago
  • MLS #: 879284
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1930
Built
Neighborhood:
New York
County:
Queens
Area:
New York
Property Description
Excellent investment opportunity with approx. 7% Cap Rate. This prime mixed-use property offers strong income potential and will be delivered fully vacant ready for occupancy or leasing. The ground level features a versatile commercial space ideal for retail or office use, benefitting from high visibility and steady foot traffic in a thriving location near the 7 train and Northern Blvd. Above the commercial unit are two spacious residential apartments with a separate private entrance. The second-floor unit boasts four bedrooms, a full bathroom, living room, dining area, and a full kitchen perfect for larger households or higher rental yield. The third-floor apartment offers two bedrooms, a full bathroom, living and dining areas, and a full kitchen. This property presents an attractive opportunity for investors and owner-operators alike, with flexible use options and proximity to public transportation, shops, and amenities.
Exterior Features

Construction Materials Vinyl Siding Property Attached YN Yes Stories Total 3 Waterfront YN No

Interior Features

Appliances OvenRefrigerator Basement YN No Cooling Wall/Window Unit(s) Flooring Ceramic TileHardwoodOther

Property Features

Annual Rental Income 144000 Building Area Total 2762 Business Type FinancialMixedTravel Heating Natural GasSteam Lot Size Area 2500 Net Operating Income 118044 Number Of Residential Units 2 Property Sub Type Mixed Use Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 7282.24 Tax Section 1002 Utilities See Remarks Water Source Public Zoning R6B

Listing courtesy of Timothy Ho Sres of Keller Williams Rlty Landmark: 718-475-2700
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-07-08T13:18:49.87.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803