REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,990,000
Est. payment | /mo
$ 2,990,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 966368
Rental Info No
Year Built 2014
Annual Tax Amount $10,407
Property Sub-Type Mixed Use
Source onekey2
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.
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.
Location
State NY
County Queens
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Available
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by B Square Realty • Li Li
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION