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99-12 37th Avenue

$1,699,000
99-12 37th Avenue, Corona, NY 11368
99-12 37th Avenue

99-12 37th Avenue

$1,699,000

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' x 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' x 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.
Li (Barbie) Li
Li (Barbie) Li Contact

Features & Amenities

Interior

Total Bedrooms 4
Other Interior Features First Floor Full Bath

Exterior

Water Source Public
Utilities Electricity Connected, Natural Gas Connected, Trash Collection Public, Water Connected
Parking On Street
Heat type Electric
Air Conditioning Wall/Window Unit(s)
Sewer Public Sewer

Area & Lot

Status For Sale
LIVING SPACE 2,602 Sq.Ft.
TOTAL AREA 2,602 Sq.Ft.
LOT SIZE 1,961 Sq.Ft.
MLS® ID 1020421
Type Multi-Family
Year Built 1931
Neighborhood Corona
ELEMENTARY SCHOOL Contact Agent
MIDDLE SCHOOL Call Listing Agent
HIGH SCHOOL Contact Agent
School District Contact Agent

Financial

SALES PRICE $1,699,000
REAL ESTATE TAXES $7,649/yr
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Thank you for your interest in 99-12 37th Avenue, Corona, NY 11368. We are reviewing your request and will be in touch shortly!

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Corona

Corona

Discover Corona, NY, a lively Queens neighborhood near Flushing Meadows Park with diverse culture and great dining. Explore homes for sale and area insights.

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