5507 103rd Street, Corona, NY

$2,180,000

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4,250

Square feet

0.07

Acres

About 5507 103rd Street

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.

Features of 5507 103rd Street

MLS® # 853259
Price $2,180,000
Bathrooms 0.00
Square Footage 4,250
Square Footage 3155
Acres 0.07
Year Built 1931
Type Residential Income
Sub-Type Duplex
Status Active

Community Information

Address 5507 103rd Street
City Corona
County Queens
State NY
Zip Code 11368

Amenities

Utilities Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Is Waterfront No
Has Pool No

Interior

Interior Features High Speed Internet
Heating Hot Water
Cooling Electric
Fireplace No
Has Basement No

Exterior

Construction Block

Additional Information

Date Listed April 24th, 2025
Days on Market 193
Short Sale No
RE / Bank Owned No

Listing Details

OfficeUnited Real Estate Fortune
Contact Info516-990-8888

Listing Map

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