Mona Mills-Johnson
REALTOR®
MLS#1039373
STATUSActive
PROPERTY TYPECommercial -
SCHOOLQueens24
Property Description
Rare opportunity to own an income-producing five-family in the heart of Corona. This detached three-story brick building (approx. 3,750 SF on a 2,500 SF lot, built 1931, R5 zoning, Class C2) offers light and air on all four sides, a private paved side driveway with off-street parking, and balconies serving the upper units.The building is fully occupied with five identical two-bedroom, one-bath apartments - one on the first floor and two each on the second and third - producing $9,211/month ($110,532/year) in gross rent or a 5.5% cap. Six separate electric meters keep tenants responsible for their own electric; landlord covers water and gas. No basement means a straightforward, low-maintenance footprint with a modest expense load. Insurance approx. $4,500, water $5,000, gas $6,000, repairs/maintenance $6,000; 2027 real estate taxes $42,050 per NYC DOF. Sold with tenants in place.The location speaks for itself: a short walk to the 7 train at 103 St-Corona Plaza, the Roosevelt Avenue and National Street retail corridors, and Flushing Meadows-Corona Park, with quick access to the Grand Central Parkway, LIE and LaGuardia!
Property Features
Property Type: Commercial -
Cooling: Electric
Heating: Natural Gas
Lot Size: 0.06 Acres
Taxes: $42,050
Year Built: 1931
Feature Descriptions
Building Area Total: 3750
Exterior: Brick
On Market Date: 2026-08-16
Parcel Number: 01630-0014
Parking Features: Driveway
Rental Term: Monthly
Separate Electric Meters: 6
Sewer: Public Sewer
Units: 5
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Water: Public
Local Schools
High School: Academy-Finance & Enterprise
Middle School: Civic Leadership Academy
Elementary School: Ace Academy For Scholars
School District: Queens24
Listed By / Shown By
Listing By
Agency Name: Compass Greater NY LLC
Agency Contact: 646-528-0525
Shown By
Agent Name: Mona Mills-Johnson
Agent Phone: Cell: (917) 345-4219
Agency Title: Coldwell Banker American Homes
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101-30 45th Avenue | MLS# 1039373
This commercial property located at 101-30 45th Avenue , Corona, NY 11368 is currently listed for sale with an asking price of $849,999. 101-30 45th Avenue is located within the Queens24 school district. Search Corona real estate on monamills-johnson.cbamhomes.com today.