106-16 Corona Ave, Corona, NY

$1,580,000

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2,016

Square feet

About 106-16 Corona Ave

Incredible Opportunity to own a Mix use building featuring retail store front plus one residential unit asset located in prime Corona. All tenants own the separate gas meters & electric meters. Lower property tax $5613. Income rate is over 5%. The first floor restaurant $4775 (3% increase per year, lease end on 2029) 2nd floor $2400 (Four bedroom two bath) no lease. Full finished basement. the owner pay 35% property tax, Water bill $300/per Quarter, and insurance $4000 per/year. Building size 24x42 zoning R6B, C2-3.

Features of 106-16 Corona Ave

MLS® # 892882
Price $1,580,000
Bathrooms 0.00
Internal Footage 2,016
Acres 0.00
Year Built 1920
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 106-16 Corona Ave
City Corona
County Queens
State NY
Zip Code 11368

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Cooling None
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Construction Brick

Additional Information

Date Listed July 23rd, 2025
Days on Market 81
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofNew Group Realty Inc
Contact Info718-255-9100

Listing Map

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