7. 44 High yield mixed use investment opportunity in the heart of Corona.


Property

Website:https://www.nestseekers.com/5480119
Address:
Apt: S1A
New York, NY 11368
Ownership: For Sale
Type: Single Family
Rooms: 20
Bedrooms: 9 BR
Bathrooms: 6
Lot Size: 0.1 Acres

Financials

Price:$2,990,000
Annual Taxes:$9,524

Description

7.44% High-yield mixed-use investment opportunity in the heart of Corona. This income-producing property features one ground-floor retail space and five residential units, creating a strong and diversified cash flow structure in a high-demand rental market. With both commercial and residential income streams, the property offers excellent return potential and long-term stability. The retail storefront benefits from strong street presence and consistent foot traffic, while the residential units provide steady rental income in an area known for robust tenant demand and low vacancy rates. Located just moments from major commercial corridors, supermarkets, restaurants, schools, and parks, with convenient access to subway lines and multiple bus routes, this property remains highly attractive to both residential and retail tenants—supporting continued rental strength. An ideal asset for investors seeking strong cash flow, solid appreciation potential, and high investment returns in one of Queens’ most active and resilient neighborhoods.

Amenities

  • Electricity Available
  • Other
  • Storage

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of B Square Realty