106-11 Northern BlvdCorona, NY 11368

This exceptional mixed-use property at 106-11 Northern Boulevard in Corona, Queens, presents a compelling investment opportunity. The building, constructed in 1930, boasts a total of 3,840 square feet situated on a 2,000 square foot lot. The property is zoned R6A, C2-4, allowing for a variety of uses. The ground floor features a retail space currently generating $6,500 in monthly rent, benefiting from high visibility on the bustling Northern Boulevard. Above the commercial space, two residential units provide additional income streams, with one unit generating $4,200 monthly rent and another generating $3,050 monthly rent. The building's location offers unparalleled convenience, with proximity to public transportation, numerous amenities including laundromats, restaurants, and delis, and is surrounded by new developments, reflecting the area's growth and potential. This property is ideal for investors seeking a blend of stable residential income and high-potential commercial returns in a thriving Queens neighborhood. The asking price is $2,688,800. This represents a unique chance to acquire a well-situated mixed-use asset in a rapidly developing area of New York City. The property's strong rental income and prime location make it an attractive investment for both seasoned and emerging investors.