5507 103rd Street, Corona, NY 11368
Local realty services provided by:Better Homes and Gardens Real Estate Choice Realty
5507 103rd Street,Corona, NY 11368
$2,180,000
- - Beds
- - Baths
- 4,250 sq. ft.
- Multi-family
- Active
Listed by: yincheng wu abr psa, zhe chen
Office: united real estate fortune
MLS#:853259
Source:OneKey MLS
Price summary
- Price:$2,180,000
- Price per sq. ft.:$512.94
About this home
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 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....
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Home facts
- Year built:1931
- Listing ID #:853259
- Added:431 day(s) ago
- Updated:June 30, 2026 at 10:43 AM
Rooms and interior
- Living area:4,250 sq. ft.
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Year built:1931
- Building area:4,250 sq. ft.
- Lot area:0.07 Acres
- Construction Materials:Block
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$2,180,000
- Price per sq. ft.:$512.94
- Tax amount:$14,642 (2024)
Features and amenities
- Amenities:High Speed Internet
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