#L3568294, Listing Office: Chase Global Realty Corp
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
Summary
- MLS Number: 825397
- MLS Name: ONEKEY2
- Office Name: S10 Realty Group LLC
- Office Phone: (646) 286-0219
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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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.
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.
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.