BEDS0
BATHS
MLS#966368
STATUSActive
PROPERTY TYPECommercial - Multiple
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.
Property Features
Property Type: Commercial - Multiple
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Taxes: $10,407
Year Built: 2014
Feature Descriptions
Building Area Total: 6751
Business Type: Barber/Beauty
Days on Site: 125
Exterior: Brick
On Market Date: 2026-03-02
Parcel Number: 01768-1101
Rental Term: Monthly
Sewer: Public Sewer
Units: 6
Utilities: Electricity Available
Water: Public
Listed By / Shown By
Listing By
Agency Name: B Square Realty
Agency Contact: 646-889-9988
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
Joyce Realty® and Logo are registered trademarks of US Patent & Trademark Office: Reg. No. 5,743,966-Ser. No. 88-0075,379. All rights reserved.
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Based on information submitted to the MLS GRID. 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.
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37-40 103th Street | MLS# 966368
This commercial property located at 37-40 103th Street, Corona, NY 11368 is currently listed for sale with an asking price of $2,990,000. Search Corona real estate on www.joycerealty.com today.