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$1,750,000
8 Beds 3 Baths 983859 MLS
Location, Location ,Location, Ideally located just steps to the 7 train (approx. 1 block), this well-positioned property sits in a vibrant commercial corridor with heavy foot traffic and excellent accessibility. Built 20X60 on a 25X100 lot, the property is currently configured as a two-family residence with tenants in place, offering immediate rental income. The upper level has been updated by occupants, while the lower level presents an excellent opportunity for renovation and value enhancement. Zoned R6B with C1-4 commercial overlay, this property offers exceptional potential for mixed-use redevelopment, retail conversion, or long-term hold. Ideal for investors or developers seeking to capitalize on strong rental demand and future growth. Surrounded by established businesses, restaurants, and close proximity to the Willets Point redevelopment area, further enhancing long-term upside. A rare opportunity to acquire a property with strong income potential and significant redevelopment possibilities in one of Queens’ most active and rapidly evolving neighborhoods

37-21 103 Street, Corona

$1,980,000
853259 MLS
Welcome to 5507-103 Street, a rare and expansive legal mixed-use property in the heart of vibrant Corona, Queens. This fully tenant-occupied income-generating building features a front and rear structure. gross annual rental income of $143,100, and an estimated cap rate over 6%. Set on a 3,155 sq ft lot with 4,250 sq ft of total building space, this property is perfect for savvy investors seeking both stability and growth potential. The property includes low annual taxes of $14,637. Each unit enjoys natural light and functional layouts, with high rental demand in the area ensuring low vacancy rates year-round. Perfectly situated near the 7 Subway Line and LIRR, this property offers direct access to Manhattan and Long Island, making it a commuter’s dream. Just minutes from supermarkets, restaurants, schools, and professional offices, it sits in a peaceful enclave while enjoying the best of urban convenience. This location is particularly attractive for renters, with high walkability and thriving neighborhood amenities.

5507 103rd Street, Corona

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