Welcome to 5507-103 Street, a rare and expansive legal mixed-use property in the heart of vibrant Corona, Queens. This fully tenant-occupied income-generating building features a front and rear structure. gross annual rental income of $143,100, and an estimated cap rate over 6%. Set on a 3,155 sq ft lot with… Read More 4,250 sq ft of total building space, this property is perfect for savvy investors seeking both stability and growth potential. The property includes low annual taxes of $14,637. Each unit enjoys natural light and functional layouts, with high rental demand in the area ensuring low vacancy rates year-round. Perfectly situated near the 7 Subway Line and LIRR, this property offers direct access to Manhattan and Long Island, making it a commuter’s dream. Just minutes from supermarkets, restaurants, schools, and professional offices, it sits in a peaceful enclave while enjoying the best of urban convenience. This location is particularly attractive for renters, with high walkability and thriving neighborhood amenities. Read Less
Listing Courtesy of United Real Estate Fortune, 516-990-8888.
Listing Snapshot
Days Online
65
Last Updated
Property Type
Duplex
Square Ft.
4,250
Lot Size
0.07 Acres
Year Built
1931
MLS Number
853259
30 Days Snapshot Of 11368
$378k
-11%
(avg) sold price
3
-50%
homes sold
153
-41%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area: 4250, Year Built: 1931
Cooling
Details: "Electric"
Heating
Heating: "Hot Water"
Lot
Acres: 0.0724
Utilities
Sewer: "Public Sewer", Water Source: "Public", Utilities: "Cable Available", "Natural Gas Available", "Sewer Available", "Water Available"
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The data relating to real estate for sale on this website comes courtesy of ONEKEY as distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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