Corona, NY
Commercial Real Estate Market Trends & Data

$748 Avg asking sale price
$1,124 Avg asking lease rate
16,041 SF Avg unit lease size
14,801 SF Avg building size for sale
6.22% Average cap rate

Corona's Demographic Profile

Corona has 26,780 households and a median income of $62,247, providing context for rent absorption and tenant demand across retail and multifamily assets. A -10% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 98,042
# Households 26,780
Median age 37
Median household income $62,247
Avg household size 4.0
Renter-occupied housing units 22,167
5-year population change -10%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Corona, NY

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Corona $1,024 3,888 SF 5.60%
Flushing $752 5,830 SF 8.90%
Jackson Heights $772 4,854 SF 6.47%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Flushing $504 22,851 SF 7.00%
East Elmhurst $650 19,182 SF 7.00%
College Point $348 34,509 SF 5.35%
Nearby Retail Markets Avg Cost/SF Typical Size
Corona $880 9,323 SF
Flushing $769 6,872 SF
Jackson Heights $812 6,467 SF
Kew Gardens Hills $475 5,235 SF
Rego Park $665 15,688 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Corona $744 9,854 SF 8.57%
Flushing $555 8,188 SF 8.57%
Jackson Heights $418 15,225 SF 8.50%
Kew Gardens Hills $423 9,866 SF 5.50%
Rego Park $682 10,116 SF 6.98%

Commercial Properties For Sale in Corona

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

55-44 97th Pl

Corona, NY 11368

  • 11,870 SF Multifamily
  • 6.98% Cap Rate
  • $4,500,000
For Sale

96-01 Northern Blvd. Corona

Corona, NY 11368

  • 3,744 SF Retail Building
  • 6.98% Cap Rate
  • $4,299,000
For Sale

9926 41st Ave

Corona, NY 11368

  • 7,600 SF Multifamily
  • 7.64% Cap Rate
  • $1,998,000
For Sale

4512 111th St

Corona, NY 11368

  • 4,999 SF Multifamily
  • 8.57% Cap Rate
  • $1,699,000
For Sale

10430 39th Ave

Corona, NY 11368

  • 6,250 SF Multifamily
  • 6.00% Cap Rate
  • $1,950,000
For Sale

99-12 37th Ave

Corona, NY 11368

  • 2,602 SF Retail Building
  • 6.18% Cap Rate
  • $1,699,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Corona pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Corona $748 14,801 SF
Flushing $681 11,318 SF
Jackson Heights $636 11,746 SF
Kew Gardens Hills $478 10,604 SF
Rego Park $536 8,288 SF

Multifamily Properties For Sale in Corona

For Sale

55-44 97th Pl

Corona, NY 11368

  • 11,870 SF Multifamily
  • 6.98% Cap Rate
  • $4,500,000
For Sale

4512 111th St

Corona, NY 11368

  • 4,999 SF Multifamily
  • 8.57% Cap Rate
  • $1,699,000
For Sale

10430 39th Ave

Corona, NY 11368

  • 6,250 SF Multifamily
  • 6.00% Cap Rate
  • $1,950,000
For Sale

11242 38th Ave

Corona, NY 11368

  • 5,284 SF Multifamily
  • $2,880,000
For Sale

13238 41st Ave

Flushing, NY 11355

  • 7,000 SF Multifamily
  • $4,900,000
For Sale

3-Tenant, 100% Occupied Retail - Prime Corona

Corona, NY 11368

  • 57,570 SF Multifamily
  • 7.81% Cap Rate
  • $6,500,000
For Sale

3819 99th St

Corona, NY 11368

  • 8,649 SF Multifamily
  • $2,390,000
For Sale

11050-11052 Corona Ave

Flushing, NY 11368

  • 9,750 SF Multifamily
  • 4.11% Cap Rate
  • $3,200,000

Regional Demographic Comparison

This comparison places Corona alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Corona or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Corona 98,042 26,780 37 $62,247 4 22,167 -10%
Flushing 1,129,229 398,565 43 $71,382 3 237,652 -6%
Jackson Heights 71,612 26,136 44 $63,770 3 16,854 -2%
Kew Gardens Hills 42,635 15,046 39 $72,820 3 8,112 -4%
Rego Park 48,565 20,653 45 $75,276 2 12,318 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Corona, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Corona

View All Commercial Real Estate For Sale in Corona
Is Corona a good market for a first-time commercial real estate investor?

Corona offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Corona?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Corona. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Corona?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Corona. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Corona compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Corona. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Corona acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Corona, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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