101-01 35th Avenue, Corona, NY 11368

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$1,409,888
Days on Market
106
Closing Date
May 28, 2026
MLS#
944916
Status
CLOSED
Property Type
Mixed Use
Year Built
1901
Property Tax
$7,435

Property Description

Prime corner retail property featuring a ground-floor store plus a fully renovated 3-bedroom, 1-bath residential apartment above. Each unit has its own separate heating system. The residential apartment has been completely renovated, including a brand-new kitchen and bathroom, along with new electrical and plumbing throughout. This is an excellent income-producing investment opportunity, ideal for a 1031 exchange, offering an attractive 6.5% cap rate. The retail tenant enjoys use of a three-car garage and is responsible for all real estate taxes, enhancing the property’s cash flow. Conveniently located just 0.5 miles from the 103rd Street–Roosevelt Avenue subway station. 1st Floor (Retail): 24.81 x 48.14 2nd Floor (Residential): 24.81 x 36.25 Additional unused FAR, offering future potential. A strong, turn-key investment.

Additional Information

Acres
0.06
Parking
Detached, Garage
Stories
2
Basement
Full
Heating
Natural Gas
Cooling
None
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jim Pappas (jim.pappas@rockrealty.us) from Listing Office: Rock Realty Inc.

Selling Office: Winzone Realty Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . 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.