#833724, Listing Office: Apple Realty Group Corp
5507 103rd St Corona, NY 11368
Property details
About 5507 103rd St
Welcome to 5507-103 Street, a rare and expansive legal mixed-use property in the heart of vibrant Corona, Queens. This fully tenant-occupied income-generating building features a front and rear structure. gross annual rental income of $143,100, and an estimated cap rate over 6%. Set on a 3,155 sq ft lot with 4,250 sq ft of total building space, this property is perfect for savvy investors seeking both stability and growth potential. The property includes low annual taxes of $14,637. Each unit enjoys natural light and functional layouts, with high rental demand in the area ensuring low vacancy rates year-round. Perfectly situated near the 7 Subway Line and LIRR, this property offers direct access to Manhattan and Long Island, making it a commuter’s dream. Just minutes from supermarkets, restaurants, schools, and professional offices, it sits in a peaceful enclave while enjoying the best of urban convenience. This location is particularly attractive for renters, with high walkability and thriving neighborhood amenities.
Highlights
Summary
- MLS Number: 853259
- MLS Name: ONEKEY2
- Office Name: United Real Estate Fortune
- Office Phone: (516) 990-8888
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Last updated on: 4/26/2025, 8:12:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,280,000
5507 103rd St
$10,000
closing credit¹
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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
4
Elm Tree Elementary School
Public District PK-5
0.4 mi
•5051 98th St
5
P.S. 220 Edward Mandel School
Public District KG-5
0.4 mi
•6210 108th 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 $49,348. Most Corona, NY residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
This home is located at 5507 103rd St in Corona, NY and zip code 11368 in the Northwestern Queens neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $2,280,000.
Over 180 listings were sold over their listed price in March 2025 in Corona, NY. In the same period over 693 listings were sold below the listed price and 763 listings were sold for the listed price. The inventory of homes for sale in Corona, NY between February and March 2025 increased 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.