$1,699,000

99-12 37th Avenue, Corona, NY 11368

  • 4 beds
  • 2,602 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon1,960sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $653/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
July 31, 2026 at 5:22AM
Listing Office:
B Square Realty : 646-889-9988
MLS ID:
1020421
  • General: First Floor Full Bath
  • Basement: Storage Space
  • A/C: Wall/Window Unit(s)
  • Heating: Electric
  • Parking: On Street
  • Originating MLS: onekey2
  • School District: Contact Agent
  • County: Queens
  • Zoning: 01762-0006
  • Utilities: Electricity ConnectedNatural Gas ConnectedTrash Collection PublicWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of B Square Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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