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.
| MLS # | 1000460 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2014 |
| Days On Site | 128 |
| Listing Provided By | B Square Realty | Li Li |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 6,751 |
| Basement | Y |
| Acreage | 0.13 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard |
| Interior Features | Storage |
| Appliances | Other |
| Construction Materials | Brick |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
| Utilities | Electricity Available |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 10407 |
| State | NY |
|---|---|
| County | Queens |
| City | Corona |
| Zip Code | 11368 |
| School District | Townsend Harris High School |
| Elementary School | Ps 107 Thomas A Dooley |
| High School | Townsend Harris High School |
| Listing VS Median (in 11368) | |
Price: $2,990,000 low | high Med: $998,000 sqft: 6,751 low | high Med: 1,530 $ / sqft: $443 low | high Med: $652 On site: 128 low | high Med: 32 | |
| State | NY |
|---|---|
| County | Queens |
| City | Corona |
| Zip Code | 11368 |
| School District | Townsend Harris High School |
| Elementary School | Ps 107 Thomas A Dooley |
| High School | Townsend Harris High School |
| Listing VS Median (in 11368) | |
Price: $2,990,000 low | high Med: $998,000 sqft: 6,751 low | high Med: 1,530 $ / sqft: $443 low | high Med: $652 On site: 128 low | high Med: 32 | |
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