$3,250,000

37-29 103rd St Corona, NY 11368

10 beds
6 full
Multi-Family

Property details

About 37-29 103rd St

Prime Location: Mixed-use building for Sale in Bustling Commercial Districts . A well-designed layout suitable for a restaurant that has 1750 sqft, including the basement, the monthly rent is $12,000. Plus 4 luxury residences. Two two-bedroom, one living room, and one bathroom on the second floor. The current monthly rents for each is $2,000. Each unit has the potential to be rented for $2500 to $2950. The third and fourth floors are two duplexes with three bedrooms, one living room and two bathrooms , the current monthly rents for each is $2,350. Each one has the potential to be rented for $3200 to $3500. All residential tenants no longer have a lease and can sign a new one. Only 1 block away from 7 train 103 St–Corona Plaza, close to major highways, shops, and restaurants, convenient to all. A rapidly growing area with increasing property values and rental demand. Perfect for both self-use and investment. Free Market Zoning districts: R6B, C1-4 Building Size: 5,700SF (25’ x 70’) Lot Size: 2,500 SF (25’ x 100’) Taxes: $39,903 Current Monthly Rent: $20,550 Total Yearly Rent: $246,600 Yearly Expenses: $40,000 NOI now : $206,600 Recent CAP Rate: 6.4% (After the new lease is signed, the cap rate will be raised over 8.% ) All informations you have to be verified by the buyer.

Highlights

Home typeQuadruplex
HeatingBaseboard
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Year built2007
MLS #825397

Summary

  • MLS Number: 825397
  • MLS Name: ONEKEY2
  • Office Name: S10 Realty Group LLC
  • Office Phone: (646) 286-0219

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/7/2025, 1:11:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$3,250,000

37-29 103rd St

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Price information

Property sales

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Tax history

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Nearby schools

3

P.S. 14 Fairview School

Public District KG-5

0.1 mi

10701 Otis Ave

5

P.S. 220 Edward Mandel School

Public District KG-5

0.4 mi

6210 108th St

4

Elm Tree Elementary School

Public District PK-5

0.4 mi

5051 98th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,124. The most common annual income of people living in Corona, NY is less than $<35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

48%
<35k
48%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

42%
Single, No Kids
22%
Single, with Kids
14%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
8%
12-17 yrs old
30%
18-34 yrs old
38%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • Jack In The BoxJack In The Box
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 37-29 103rd St in Corona, NY and zip code 11368 in the Northwestern Queens neighborhood. Features: 10 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 17, 2025 and is currently priced at $3,250,000.

While more than 180 listings in Corona, NY in March 2025 were sold above asking price, there were more than 763 listings sold at asking price, and more than 693 were sold below. Between February and March 2025, Corona, NY real estate market has seen increase in the number of listings by 5.1%. Listings spent 143 days on the market in March 2025, and had a median list price of $869,492 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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