37-40 103rd S1ACorona, NY 11368

Description

7.44% High-yield mixed-use investment opportunity in the heart of Corona. This income-producing property features one ground-floor retail space and five residential units, creating a strong and diversified cash flow structure in a high-demand rental market. With both commercial and residential income streams, the property offers excellent return potential and long-term stability. The retail storefront benefits from strong street presence and consistent foot traffic, while the residential units provide steady rental income in an area known for robust tenant demand and low vacancy rates. Located just moments from major commercial corridors, supermarkets, restaurants, schools, and parks, with convenient access to subway lines and multiple bus routes, this property remains highly attractive to both residential and retail tenants—supporting continued rental strength. An ideal asset for investors seeking strong cash flow, solid appreciation potential, and high investment returns in one of Queens’ most active and resilient neighborhoods.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Other

Year built

2014

Living area

6,751 Sq Ft

Lot size

0.13 acres

Days on market

133

MLS^® Listing#

1000460

Property Features

Interior

Storage

Appliances

Other

Cooling

Wall/Window Unit(s)

Heating

Baseboard

Basement

Storage Space

Parking

On Street

Construction

Brick

Utilities

Electricity Available

Sewer

Public Sewer

Water source

Public

Rooms

Schools

Elementary

Ps 107 Thomas A Dooley

Middle

Is 25 Adrien Block

High

Townsend Harris High School

Financial Details

Annual taxes

$10,407

Parcel number

01768-1101

Directions

Google maps