37-40 103th StreetCorona, NY 11368

Description

7.44% Cap Rate 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

Commercial Sale

Sub-type

Mixed Use

Year built

2014

Building area

6,751 Sq Ft

Lot size

5,779 Sq Ft

Days on market

236

MLS^® Listing#

966368

Property Features

Cooling

Wall/Window Unit(s)

Heating

Baseboard

Construction

Brick

Utilities

Electricity Available

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$10,407

Parcel number

01768-1101

Directions

Google Maps