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39-06 108th St 24 Unit Apartment Building $35,000,000 ($1,458,333/Unit) Corona, NY 11368
Executive Summary
Mixed-Use Rental Building | Prime Corona Location
Investment Opportunity – Income-Producing Mixed-Use Property
This well-maintained mixed-use rental building is located in the heart of Corona, Queens, a densely populated and transit-accessible neighborhood with strong residential and commercial demand.
Total Units: 24(15 Residential Units)9 Commercial Units (including separate garage space)
Lot Size: 7,500 SF Lot Dimensions: 75 ft x 100 ft
Building Size: Approx. 25,345 SF Building Dimensions: 60 ft x 75 ft
Located in a high-density residential area with steady rental demand and active local businesses. Close proximity to major roadways, public transportation, and neighborhood retail corridors. Opportunity to increase NOI through rent adjustments, lease restructuring, or operational efficiencies.
Investment Opportunity – Income-Producing Mixed-Use Property
This well-maintained mixed-use rental building is located in the heart of Corona, Queens, a densely populated and transit-accessible neighborhood with strong residential and commercial demand.
Total Units: 24(15 Residential Units)9 Commercial Units (including separate garage space)
Lot Size: 7,500 SF Lot Dimensions: 75 ft x 100 ft
Building Size: Approx. 25,345 SF Building Dimensions: 60 ft x 75 ft
Located in a high-density residential area with steady rental demand and active local businesses. Close proximity to major roadways, public transportation, and neighborhood retail corridors. Opportunity to increase NOI through rent adjustments, lease restructuring, or operational efficiencies.
Property Facts
| Price | $35,000,000 | Apartment Style | Low-Rise |
| Price Per Unit | $1,458,333 | Building Class | A |
| Sale Type | Investment | Lot Size | 0.05 AC |
| No. Units | 24 | Building Size | 25,345 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2007 |
| Zoning | R6B,C1-2 | ||
| Price | $35,000,000 |
| Price Per Unit | $1,458,333 |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | A |
| Lot Size | 0.05 AC |
| Building Size | 25,345 SF |
| No. Stories | 3 |
| Year Built | 2007 |
| Zoning | R6B,C1-2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
1 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (85)
Bike Score®
Very Bikeable (78)
Property Taxes
| Parcel Number | 01776-0033 | Improvements Assessment | $320,205 |
| Land Assessment | $112,245 | Total Assessment | $432,450 |
Property Taxes
Parcel Number
01776-0033
Land Assessment
$112,245
Improvements Assessment
$320,205
Total Assessment
$432,450
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39-06 108th St
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