Marilyn Hagemann - John J Lease Realtors Logo
$2,990,000
( $442.90Per Sq Foot )
 $16,051 est/mo Sourced by Back At You

37-40 103th Street,Corona, NY 11368

Corona, NY 11368

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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.

Details

MLS #966368
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year2014
Days On Site220
Listing Provided ByB Square Realty | Li Li

Features

SQ Feet6,751
Units6
Acreage0.13

Interior

CoolingWall/Window Unit(s)
HeatingBaseboard

Exterior

Construction MaterialsBrick

Utilities

UtilitiesElectricity Available
SewerPublic Sewer

Taxes

Tax Year2026
Tax Annual Amount10407.12

Area Information

StateNY
CountyQueens
CityCorona
Zip Code11368
Listing VS Median (in 11368)
Price:
$2,990,000
low | high
Med:
$984,000
100% of Average
sqft:
6,751
low | high
Med:
2,925
100% of Average
$ / sqft:
$443
low | high
Med:
$440
50.651585361165% of Average
On site:
220
low | high
Med:
114.5
100% of Average
Sourced by Back At You

Market Activity 11368

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Marilyn Hagemann

Marilyn Hagemann

John J Lease REALTORS

 (845) 541-8479marilynhagemann@johnjleaserealtors.com
StateNY
CountyQueens
CityCorona
Zip Code11368
Listing VS Median (in 11368)
Price:
$2,990,000
low | high
Med:
$984,000
100% of Average
sqft:
6,751
low | high
Med:
2,925
100% of Average
$ / sqft:
$443
low | high
Med:
$440
50.651585361165% of Average
On site:
220
low | high
Med:
114.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.242M - $3.737M
sqft: 5,000 - 8,000
Nearby Listings Property ImageNearby Listings Details
37-40 103RD S1A Property Photo 1
$2,990,000
37-40 103rd S1a
Corona, NY 11368
3729 103rd Street Property Photo 1
$2,850,000
3729 103rd Street
Corona, NY 11368
Listing Updated: September 28, 2026 at 9:46:25 PM PDT

Marilyn Hagemann - John J Lease Realtors