Mixed-Use Building in Corona

37-56 103rd Street, Corona, NY

$6,500,000

Price

4.62%

Cap Rate

$300,000

NOI

Overview
Cap Rate
4.62%
NOI
$300,000
Building Size
9,331 sqft
Lot Area
3,751 sqft
Occupancy
100%
Class
B
Units
8
Year Built
2019
Price Per Sqft
$697
Zoning
R6B, C1-4
Tenancy
Multiple
Floors
4
Gross Leaseable Area
9331
Investment Strategy
Opportunistic
Description

At this location is a mixed-use building with 6 multi-family units and 2 commercial units. The building was recently constructed in 2019 and is located in walking distance to several other neighborhood amenities.

Highlights
  • Retail & Multi-Family Building For Sale in Corona, NY
  • (6) 2-Bed, 1 Bath with Balcony & (2) Retail Spaces
  • (1) Retail Space on the Ground Floor & (1) Retail Space in the Basement
  • 35 ft of Frontage on 103rd St
  • Newly Constructed (2019)
  • Surrounded by Various Other Neighborhood Retail
  • Close Proximity to the 103 St-Corona Plaza Subway Station
Documents
Title
Corona__37-56_103rd_St__Offering_Memorandum_.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.

Location
Gallery