97-17 37 Avenue, New York, NY, 11368
$5,500,000
$6,580,000
activeLot Size
4,999 sqft
Year Built
1930
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Prime mixed-use investment opportunity in Corona, Queens! Bringing in a strong $500,000+ per year income, this corner-lot building features 7 total units, including 3 retail spaces and 3 residential apartments and a community space; generating strong, consistent income with a 7.4% cap rate. Conveniently located near public transportation, this property offers both excellent visibility for retail tenants and long-term residential rental stability. A must-see for investors seeking a turnkey income-producing asset in a high-demand area.
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Listed by Christopher Chandler, Real Broker NY LLC
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