For Sale
Corona, NY
Commercial Real Estate Market Trends & Data
$1,254 per SF
Avg asking sale price
$71 per SF
Avg asking lease rate
13,385 SF
Avg unit lease size
7,398 SF
Avg building size for sale
6.36%
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% |
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↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Flushing | $694 | 5,789 SF | 9.39% |
| Jackson Heights | $814 | 4,976 SF | 6.81% |
| Kew Gardens Hills | $453 | 13,086 SF | 5.48% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Corona | $511 | 7,664 SF | 5.00% |
| Flushing | $478 | 20,059 SF | 7.57% |
| East Elmhurst | $527 | 16,757 SF | 7.57% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Corona | $1,594 | 8,578 SF |
| Flushing | $1,031 | 6,786 SF |
| Jackson Heights | $900 | 8,923 SF |
| Kew Gardens Hills | $475 | 5,235 SF |
| Rego Park | $662 | 15,889 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Corona | $1,364 | 7,694 SF | 8.57% |
| Flushing | $724 | 11,316 SF | 14.28% |
| Jackson Heights | $393 | 11,167 SF | 8.50% |
| Kew Gardens Hills | $566 | 9,191 SF | 6.22% |
| Rego Park | $648 | 10,268 SF | 4.85% |
Commercial Properties For Sale in Corona
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
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 | $1,254 | 7,398 SF |
| Flushing | $756 | 11,310 SF |
| Jackson Heights | $652 | 9,870 SF |
| Kew Gardens Hills | $467 | 11,261 SF |
| Rego Park | $527 | 8,801 SF |
Multifamily Properties For Sale in Corona
For Sale
For Sale
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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