Listing Notes
Prime mixed-use investment opportunity located on the busy 37th Avenue commercial corridor in Corona. This approximately 2,608 SF property, with a building dimension of approximately 19.5' * 68', consists of a ground-floor retail space currently occupied by a barber shop and two 2-bedroom residential apartments above. Situated on a 19.5' * 101' lot with R6B zoning and a C1-4 commercial overlay, the property offers stable in-place income, low annual real estate taxes, and excellent long-term investment potential. All tenants are currently on month-to-month tenancies. The second-floor residential apartments have been renovated in recent years. All residential units are separately metered, with tenants responsible for their own utilities, contributing to an efficient, low owner-expense operating structure. Conveniently located near the 7 subway line, major bus routes, shopping, restaurants, schools, and everyday conveniences, the property benefits from strong pedestrian traffic and consistent residential and commercial demand. The mixed-use zoning further enhances the property's long-term value and future upside potential, subject to buyer verification. All information is deemed reliable but not guaranteed. Prospective buyers are encouraged to independently verify all information, including building size, income, expenses, zoning, permitted use, and future development potential.
Price in context
Cheaper than 25% of the 24 homes listed nearby right now, which run $948,888 to $2,058,800.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 3541 100th St | $948,888 | 4 bd · 3 ba |
| 3541 100th St | $948,888 | 4 bd · 3 ba |
| 100-04 Spruce St | $998,000 | 12 bd · 6 ba |
| 35-13 103rd St | $1,150,000 | 4 bd · 2 ba |
| 35-44 100st St | $1,250,000 | Studio |
| 3420 100th St | $1,280,000 | Studio |
| 9812 38th Ave | $1,339,000 | 6 bd · 5 ba |
| 3768 101st St | $1,349,000 | 7 bd · 2 ba |
| 37-13 104 St | $1,388,000 | 7 bd · 3 ba |
| 3742 97th St | $1,398,000 | 6 bd · 3 ba |
| 40-45 99th St | $1,398,000 | 11 bd · 6 ba |
| 3416 103rd St | $1,399,000 | 9 bd · 4 ba |
| 101-18 39th Ave | $1,498,000 | 10 bd · 7 ba |
| 102-08 39th Ave | $1,499,000 | 6 bd · 4 ba |
| 3714 102nd St | $1,550,000 | Studio |
| 37-33 100th St | $1,575,000 | 6 bd · 2 ba |
| 97-28 41st Ave | $1,599,999 | 7 bd · 4 ba |
| 35-43 97th St | $1,690,000 | 8 bd · 5 ba |
| 37-21 103 St | $1,750,000 | 8 bd · 3 ba |
| 9712 41st Ave | $1,798,000 | 7 bd · 4 ba |
| 95-07 Roosevelt Ave | $1,990,000 | Studio |
| 37-21 104th St | $1,998,000 | 6 bd · 2 ba |
| 100-11 40th Rd | $2,000,000 | 8 bd · 7 ba |
| 10306 35th Ave | $2,058,800 | 7 bd · 5 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more