Listed by Key Impact Realty Group
$3,180,000
37-31 103rd Street
Details
APN 01769-0090
Property Type Office
Square Footage 2,500
Cap Rate 5.91%
NOI $204,689
Tenancy Multi
Year Built 2009
Lot Size (SqFt) 2,500
Mixed Use Investment Opportunity
Marketing description
Excellent mixed-use investment opportunity in the heart of Corona! This well-positioned four-family property with a ground-floor commercial storefront offers strong income potential and long-term upside in a high-demand neighborhood. Surrounded by shopping, dining, schools, and everyday conveniences, the location also provides easy access to public transportation, making it highly attractive to both residential and commercial tenants.
The building features a dental office on the first floor, providing stable commercial occupancy. The residential portion includes two 2-bedroom apartments, along with two spacious duplex 3-bedroom units spanning the third and fourth floors. A full finished basement adds additional usable space and functionality.
With a desirable unit mix, mixed-use income streams, and a prime Queens location, this property presents a fantastic opportunity for investors seeking steady cash flow and future growth potential.
Layout:
1st Floor: Dental office (commercial) |
2F: 2-bedroom apartment |
2R: 2-bedroom apartment |
3F + 4F: Duplex 3-bedroom apartment |
3R + 4R: Duplex 3-bedroom apartment |
Full finished basement
Listing Contacts
Listed by Key Impact Realty Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$204,689.00
$17,057.42/mo
Valuation Metrics
0
DSCR
6.44%
Cap Rate
6.44%
ROI
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