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90-19 Corona Ave
Elmhurst, NY 11373
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Exceptional commercial opportunity with high foot traffic and visibility
- Strategically located in Elmhurst, Queens, with proximity to everything
- Dual Income Stream: Rental income from both the residential units and the commercial storefront, ensuring a consistent & diversified cash flow
EXECUTIVE SUMMARY
Exclusive Multi-Family & Commercial Opportunity at 90-19 Corona Ave, Elmhurst, NY 11373
We are excited to present a rare investment opportunity at 90-19 Corona Ave, a mixed-use property located in the vibrant and highly sought-after neighborhood of Elmhurst, Queens. This property offers both residential and commercial income potential in one prime location, making it an ideal choice for investors or owner-occupants seeking to capitalize on a dynamic market.
- Residential Units: 4
- Commercial Space: First-floor storefront with high visibility
- Parking: 2
- Gross Annual Income: Over $210,000
- Flexibility: Whether you're looking to manage the property yourself, lease out the commercial space, or live in one of the residential units while running your own business, this property provides multiple use cases
This unique mixed-use property offers a versatile and lucrative investment opportunity in a rapidly appreciating area of Queens. Its prime location, dual-income potential, and strong community demand make it an ideal addition to any investor's portfolio.
Please contact us for more details or to schedule a showing
-
We are excited to present a rare investment opportunity at 90-19 Corona Ave, a mixed-use property located in the vibrant and highly sought-after neighborhood of Elmhurst, Queens. This property offers both residential and commercial income potential in one prime location, making it an ideal choice for investors or owner-occupants seeking to capitalize on a dynamic market.
- Residential Units: 4
- Commercial Space: First-floor storefront with high visibility
- Parking: 2
- Gross Annual Income: Over $210,000
- Flexibility: Whether you're looking to manage the property yourself, lease out the commercial space, or live in one of the residential units while running your own business, this property provides multiple use cases
This unique mixed-use property offers a versatile and lucrative investment opportunity in a rapidly appreciating area of Queens. Its prime location, dual-income potential, and strong community demand make it an ideal addition to any investor's portfolio.
Please contact us for more details or to schedule a showing
-
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,612 SF
Building Class
B
Year Built
2014
Price
$2,990,000
Price Per SF
$827.80
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.07
Lot Size
0.04 AC
Zoning
R6B
Parking
2 Spaces (0.55 Spaces per 1,000 SF Leased)
Frontage
14’ on Corona Ave
PROPERTY TAXES
| Parcel Number | 01586-0043 | Improvements Assessment | $272,473 |
| Land Assessment | $60,729 | Total Assessment | $333,202 |
PROPERTY TAXES
Parcel Number
01586-0043
Land Assessment
$60,729
Improvements Assessment
$272,473
Total Assessment
$333,202
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