101-01 35th Avenue

Corona, NY 11368

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 × 48.14 2nd Floor (Residential): 24.81 × 36.25 Additional unused FAR, offering future potential. A strong, turn-key investment.

Listing courtesy of Rock Realty Inc jim.pappas@rockrealty.us


Based on information submitted to the MLS GRID as of 2025-12-18 02:45 PM EST. 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.