$1,699,000

Duplex In Corona

  • 4 Beds
  • 2,602 Sqft
  • 1,961 Sqft lot
  • Updated: July 1
  • Source:
    OneKey MLS  MLS#1020421

About the Property

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, th
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.
  • Property type

    Apartment

  • Year built

    1931

  • Price/sqft

    $652

Features

  • Investment Property
  • Duplex
  • Renovated
  • Parking

Explore the Area

99-12 37th Avenue, New York, New York, United States View on Google Maps
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B Square Realty - Flushing

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B Square Realty - Flushing
New York, United States
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B Square Realty - Flushing
Flushing, New York, United States
View agency profile
Last updated
July 1
First listed
Jul 1
Listing reference
1020421
Listing status
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