Mixed-Use Building in Corona
37-56 103rd Street, Corona, NY
For Sale
Mixed Use
Residential/Retail
$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
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Corona__37-56_103rd_St__Offering_Memorandum_.pdf
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