Property Description

7.44% 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.

Features
Heating System:
Baseboard
Cooling System:
Wall/window Unit(s)
Basement:
Storage Space
Appliances:
Other
Interior Features:
Storage
Parking Features:
On Street
Sewer:
Public Sewer
Utilities:
Electricity Available
Address Map
City:
NY
State:
NY
Street:
103RD
Street Number:
37-40
Postal Code:
11368
Floor Number:
0
Longitude:
W74° 8' 10''
Latitude:
N40° 45' 8.6''
Directions:
Google maps
UnitNumber:
S1A
PostalCity:
Corona
Additional Information
Architectural Style:
Other
Construction Materials:
Brick
Elementary School:
Ps 107 Thomas A Dooley
High School:
Townsend Harris High School
Agent MlsId:
169035
MiddleOrJunior School:
Is 25 Adrien Block
PhotosCount:
7
Special Listing Conditions:
No
Tax Annual Amount:
$9,524
Water Source:
Public
Office MlsId:
LILI01

Residential - MLS# 1000460

37-40 103RD, New York, NY

9 Bedrooms
6 Bathrooms
6,751 Sqft
$2,990,000
Listing ID #1000460
Basic Details
Property Type :
Residential Sale
Property SubType :
Single Family Residence
Listing Type :
For Rent
Listing ID :
1000460
Price :
$2,990,000
Rooms :
20
Bedrooms :
9
Bathrooms :
6
Bathrooms Total :
6
Square Footage :
6,751 Sqft
Lot Area :
0.13 Acre
Year Built :
2014
Status :
Active
Listing Agent :
Li Li
Listing Office :
B Square Realty
Agent info
Coldwell Banker American Homes
284 West Park Ave
Contact Agent
Walkscore