10607 Northern Boulevard Unit #1A, Corona, NY 11368

$2,260,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,260,000
Days on Market
52
MLS#
1010897
Status
ACTIVE

Property Description

Exclusive Opportunity: Mixed-Use Commercial Property with Turn-Key Business in Corona. Prime Investment Alert: An exceptional opportunity for owner-users seeking a "live-work" or "semi-retirement" lifestyle! Purchase this prime commercial real estate and take over a multi-million dollar business. Property Highlights (Northern Blvd, Corona): Total 3-Level Commercial Unit ?Ground Floor: 2,693 sq. ft. (Impressive 25'-38' storefront frontage) ?Second Floor: 1,537 sq. ft. ??Finished Basement: 1,675 sq. ft. ?Curb cut for loading -pull up access ?Private multiple cars driveway 23X100 sqft Operating Costs: Common Charge: $1,410/mo | RE Taxes: $2,410/mo Investment Potential: Projected Rental Income: $15,000/month | Conservative CAP Rate: 5.5% Strategic Location & Development: Situated within walking distance of the highly anticipated Metropolitan Park-the multi-billion dollar casino and entertainment complex spearheaded by Mets owner Steve Cohen and Hard Rock. The Corona/Willets Point area is undergoing its most significant transformation in decades. With 23,000 new position projected, the demand for local services (retail, dining, amenities) will skyrocket. This is the turning point for Corona: transitioning from a local neighborhood hub to a premier New York destination for tourists and professionals alike.

Additional Information

Year Built
2015
Stories
6
School District
Queens24
Elementary School
Helen M Marshall School (Grades Kg-5)
Middle School
Corona Arts And Sciences Academy
High School
Civic Leadership Academy
Total Taxes
28774
Heating
Natural Gas
Basement
Storage Space
Water
Public
Sewer
Public Sewer
Taxes
$28,774

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Na Lin (jamiel0715@gmail.com) from Listing Office: United Real Estate Fortune.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . 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.