37-40 103th Street, Corona, NY 11368

$2,990,000

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List Price
$2,990,000
Price Change
▼ $290,000 1773267545
Days on Market
151
MLS#
966368
Status
ACTIVE
Lot Size
5779

Property 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.

Additional Information

Year Built
2014
Total Taxes
10407
Heating
Baseboard
Water
Public
Sewer
Public Sewer
Taxes
$10,407

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Li Li (barbieli@bsquarerealty.com) from Listing Office: B Square Realty.

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.