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$ 1,699,000
Est. payment | /mo
1,960 Sqft Lot
$ 1,699,000
Est. payment | /mo
1,960 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1020202
Rental Info No
Year Built 1931
Annual Tax Amount $7,838
Lot Size 1,960 Sqft
Acres 0.045
Property Sub-Type Mixed Use
Source onekey2
Property Description
Prime mixed-use investment opportunity located on the busy 37th Avenue commercial corridor in Corona. This approximately 2,608 SF property, with a building dimension of approximately 19.5' × 68', consists of a ground-floor retail space currently occupied by a barber shop and two 2-bedroom residential apartments above. Situated on a 19.5' × 101' lot with R6B zoning and a C1-4 commercial overlay, the property offers stable in-place income, low annual real estate taxes, and excellent long-term investment potential.
All tenants are currently on month-to-month tenancies. The second-floor residential apartments have been renovated in recent years. All residential units are separately metered, with tenants responsible for their own utilities, contributing to an efficient, low owner-expense operating structure.
Conveniently located near the 7 subway line, major bus routes, shopping, restaurants, schools, and everyday conveniences, the property benefits from strong pedestrian traffic and consistent residential and commercial demand. The mixed-use zoning further enhances the property's long-term value and future upside potential, subject to buyer verification.
All information is deemed reliable but not guaranteed. Prospective buyers are encouraged to independently verify all information, including building size, income, expenses, zoning, permitted use, and future development potential.
All tenants are currently on month-to-month tenancies. The second-floor residential apartments have been renovated in recent years. All residential units are separately metered, with tenants responsible for their own utilities, contributing to an efficient, low owner-expense operating structure.
Conveniently located near the 7 subway line, major bus routes, shopping, restaurants, schools, and everyday conveniences, the property benefits from strong pedestrian traffic and consistent residential and commercial demand. The mixed-use zoning further enhances the property's long-term value and future upside potential, subject to buyer verification.
All information is deemed reliable but not guaranteed. Prospective buyers are encouraged to independently verify all information, including building size, income, expenses, zoning, permitted use, and future development potential.
Location
State NY
County Queens
Rooms
Basement Storage Space
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Cooktop, Electric Water Heater, Refrigerator
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Trash Collection Public, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Contact Agent
School District Contact Agent
Others
Special Listing Condition None
Listed by B Square Realty • Li Li