10607 Northern Boulevard 1a,Corona, NY 11368
Corona, NY 11368
Description
Exclusive Opportunity: Mixed-Use Commercial Property with Turn-Key Business in Corona. Prime Investment Alert: An exceptional opportunity for owner-users seeking a "live-work" or "semi-retirement" lifestyle! Purchase this prime commercial real estate and take over a multi-million dollar business.Property Highlights (Northern Blvd, Corona):Total 3-Level Commercial Unit?Ground Floor: 2,693 sq. ft. (Impressive 25'-38' storefront frontage)?Second Floor: 1,537 sq. ft.??Finished Basement: 1,675 sq. ft.?Curb cut for loading -pull up access?Private multiple cars driveway 23X100 sqftOperating Costs: Common Charge: $1,410/mo | RE Taxes: $2,410/moInvestment Potential: Projected Rental Income: $15,000/month | ConservativeCAP Rate: 5.5%Strategic Location & Development: Situated within walking distance of the highly anticipated Metropolitan Park-the multi-billion dollar casino and entertainment complex spearheaded by Mets owner Steve Cohen and Hard Rock.The Corona/Willets Point area is undergoing its most significant transformation in decades. With 23,000 new position projected, the demand for local services (retail, dining, amenities) will skyrocket. This is the turning point for Corona: transitioning from a local neighborhood hub to a premier New York destination for tourists and professionals alike.
Details
| MLS # | 1010897 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 2015 |
| Days On Site | 81 |
| Listing Provided By | United Real Estate Fortune | Na Lin |
Features
| SQ Feet | 4,665 |
|---|---|
| Basement | Y |
| Story(s) | 6 |
| Zoning | R6A |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas |
Exterior
| Construction Materials | Brick, Stucco |
|---|
Utilities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 666900 |
| Tax Annual Amount | 28774.48 |
| Tax Lot | 1001 |
Area Information
| State | NY |
|---|---|
| County | Queens |
| City | Corona |
| Zip Code | 11368 |
| School District | Civic Leadership Academy |
| Elementary School | HELEN M MARSHALL SCHOOL (grades |
| High School | Civic Leadership Academy |
| Listing VS Median (in 11368) | |
Price: $2,260,000 low | high Med: $1,020,000 sqft: 4,665 low | high Med: 1,490 $ / sqft: $484 low | high Med: $685 On site: 81 low | high Med: 178 | |
Market Activity 11368
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Learn More About This Property
| State | NY |
|---|---|
| County | Queens |
| City | Corona |
| Zip Code | 11368 |
| School District | Civic Leadership Academy |
| Elementary School | HELEN M MARSHALL SCHOOL (grades |
| High School | Civic Leadership Academy |
| Listing VS Median (in 11368) | |
Price: $2,260,000 low | high Med: $1,020,000 sqft: 4,665 low | high Med: 1,490 $ / sqft: $484 low | high Med: $685 On site: 81 low | high Med: 178 | |
