10607 Northern Boulevard 1A, Corona, NY 11368
Queens County
Key Facts
Description
Exclusive Opportunity: Mixed-Use Commercial Property with Turn-Key Business in Corona. Prime Investment Alert: An exceptional opportunity for owner-users seeking a "live-work" or "semi-retirement" lifestyle! Purchase this prime commercial real estate and take over a multi-million dollar business. Property Highlights (Northern Blvd, Corona): Total 3-Level Commercial Unit ?Ground Floor: 2,693 sq. ft. (Impressive 25'-38' storefront frontage) ?Second Floor: 1,537 sq. ft. ??Finished Basement: 1,675 sq. ft. ?Curb cut for loading -pull up access ?Private multiple cars driveway 23X100 sqft Operating Costs: Common Charge: $1,410/mo | RE Taxes: $2,410/mo Investment Potential: Projected Rental Income: $15,000/month | Conservative CAP Rate: 5.5% Strategic Location & Development: Situated within walking distance of the highly anticipated Metropolitan Park-the multi-billion dollar casino and entertainment complex spearheaded by Mets owner Steve Cohen and Hard Rock. The Corona/Willets Point area is undergoing its most significant transformation in decades. With 23,000 new position projected, the demand for local services (retail, dining, amenities) will skyrocket. This is the turning point for Corona: transitioning from a local neighborhood hub to a premier New York destination for tourists and professionals alike.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
2015
Stories
6
Living Area
4,665 sq ft
MLS® Listing#
1010897
Property Features
- Cooling:
- Wall/Window Unit(s)
- Heating:
- Natural Gas
- Basement:
- Storage Space
- Construction:
- Brick, Stucco
- Utilities:
- Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
- Sewer:
- Public Sewer
- Water Source:
- Public
Schools
- Elementary:
- HELEN M MARSHALL SCHOOL (grades KG-5)
- Middle:
- Corona Arts And Sciences Academy
- High:
- Civic Leadership Academy
HOA & Tax
- Annual Tax:
- $28,774
- Assessed Value:
- $666,900
- Parcel #:
- 01701-1001
Affordability Calculator
$452,000
Estimated monthly payment
$12,029/mo
Principal $1,808,000 · Est. interest $2,522,321 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Corona, NY
- $1,000,000
- Median Listing Price
- 102
- Median Days on Market
- 1,376
- Median Sq Ft
- $571
- Median Price / Sq Ft
- 149
- Active Listings
- This home’s price is 126% above the area median.
- Its price per sq ft is 15% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Corona, NY.
Location
- 10607 Northern Boulevard 1A, Corona, NY 11368
Nearby Schools
A Child's Place
Elementary · 0.1 mi away
Helen M. Marshall School
Elementary · 0.2 mi away
P. S. 330
Elementary · 0.2 mi away
MS 419
Secondary · 0.2 mi away
Tommie L. Agee Educational Campus
Secondary · 0.2 mi away
Our Lady of Sorrows Catholic Academy
School · 0.3 mi away
PS 92
Elementary · 0.4 mi away
P. S. 143 Louis Armstrong
Elementary · 0.4 mi away
Mt Olivet Christian School
School · 0.5 mi away
East Elmhurst Community School
Elementary · 0.6 mi away
Our World Neighborhood Charter School 3
Elementary · 0.6 mi away
Estela
Secondary · 0.6 mi away
Public School 143 Annex
School · 0.6 mi away
Pioneer Academy
School · 0.6 mi away
P. S. Q016 the Nancy Debenedittis School
Elementary · 0.6 mi away
Louis Armstrong Middle School
Secondary · 0.6 mi away
PS 149 Christa McAuliffe
Elementary · 0.6 mi away
PS 19
Elementary · 0.7 mi away
PS 127
Elementary · 0.7 mi away
P. S. 228q the Ivan Lafayette Early Childhood Magnet School of the Arts
School · 0.7 mi away
Commute Calculator
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EXIT Agents in Corona
Listing Courtesy: United Real Estate Fortune - 5169908888
Presented by: Na Lin
Fair Housing Notice