Property Description

An exceptional mixed-use investment opportunity in the heart of Corona! This well-maintained income-producing property features 10 residential apartments, each offering 2 bedrooms and 1 full bathroom, plus 1 ground-floor commercial unit, providing a strong and diversified rental income stream.The building offers approximately 8,046 SF of residential space, 1,238 SF of commercial space, and an additional 5,831 SF of usable space, creating outstanding long-term value and operational flexibility. A rare feature in this neighborhood, the property also includes a private driveway and an underground garage with approximately 20 parking spaces, providing significant convenience and additional income potential.Ideally situated in a highly accessible location, the property is just minutes from the 111 Street, 103 Street-Corona Plaza, and Junction Boulevard 7 subway stations, as well as the Mets-Willets Point LIRR Station, offering an easy commute to Manhattan and throughout Long Island. Multiple MTA bus routes serve the immediate area, including the Q23, Q48, Q58, Q66, and Q72, making transportation exceptionally convenient. Residents and tenants will also appreciate quick access to the Grand Central Parkway, Long Island Expressway (I-495), Van Wyck Expressway (I-678), and Northern Boulevard for effortless travel throughout Queens, Manhattan, Long Island, and nearby airports.Located within NYC School District 24, the property enjoys close proximity to schools, neighborhood shopping, supermarkets, restaurants, parks, Flushing Meadows-Corona Park, Citi Field, the USTA Billie Jean King National Tennis Center, and countless everyday conveniences. Whether you're expanding your investment portfolio or completing a 1031 exchange, this is a rare opportunity to acquire a substantial mixed-use asset with excellent income potential in one of Queens' most vibrant and transit-oriented neighborhoods.

Property Features

Local Schools