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34032790
34032791

99-12 37th Avenue, Corona, NY 11368

LL
NY NY 10301212225, NY 10311207854
B Square Realty
Listed by B Square Realty
$1,699,000
8 days on market
Updated 7 days ago

99-12 37th Avenue

Details
APN 01762-0006
Property Type Mixed Use, Retail
Sub Type Storefront, Mixed Use (+1)
Cap Rate 6.00%
Year Built 1931
Stories 2
Acreage 0.045
Zoning C1-4

Mixed Use | 6.00% CAP

Marketing 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.
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Listing Contacts

LL
NY NY 10301212225, NY 10311207854
B Square Realty
Listed by B Square Realty

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Zoning

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R6B ResidentialMulti FamilyGeneral Residence
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Li Barbie Li
License
NY 10301212225
Brokerage
B Square Realty
Brokerage Phone
6468899988
Title
Founder/CEO/Principle Broker
Brokerage Address
136-17 39th Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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