#868136, Listing office: Douglas Elliman Real Estate
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
Home typeDuplex
HeatingHot Water
StatusActive
CoolingElectric
Lot size0.0724 Acres
Year built1931
MLS #853259
Summary
- Basement: No
- Interior: High Speed Internet
- Heating: Hot Water
- Cooling: Electric
- List Price: $2,280,000
- Year Built: 1931
- Lot Size: 0.0724 Acres
- 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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The 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.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 7/30/2025, 9:41:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
36%
<35k
52%
35k-100k
8%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
32%
Single, No Kids
25%
Single, with Kids
14%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
7%
12-17 yrs old
34%
18-34 yrs old
34%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Popeyes
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5507 103rd St
The listing price of 5507 103rd St property is $2,280,000.
The property 5507 103rd St is a multi located in Corona, New York, 11368.
Active Listing: 5507 103rd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5507 103rd St are: P.S. 14 Fairview School (GreatSchools Rating 3/10), Elm Tree Elementary School (GreatSchools Rating 4/10), P.S. 220 Edward Mandel School (GreatSchools Rating 5/10), I.S. 61 Leonardo Da Vinci (GreatSchools Rating 4/10), Central Queens Academy Charter School (GreatSchools Rating 8/10), Corona Arts and Sciences Academy (GreatSchools Rating 5/10), High School for Arts and Business (GreatSchools Rating 8/10), J.H.S. 157 Stephen A. Halsey (GreatSchools Rating 8/10), Civic Leadership Academy (GreatSchools Rating 6/10).
The year of construction for 5507 103rd St is 1931.
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 232 listings were sold over their listed price in June 2025 in Corona, NY. In the same period over 715 listings were sold below the listed price and 1007 listings were sold for the listed price. The inventory of homes for sale in Corona, NY between May and June 2025 decreased by 4.3%. In June 2025, listings were on the market for 99 days. During the same period, the median list price in this real estate market was $881,252.
From Rocket Homes Real Estate and based on county public records data.