4512 104Th StCorona, NY 11368

Property Details for 4512 104Th St

Year built

1930

Lot size

0.06 AC

Property size (Sq ft)

4,938 SF

Zone code

R6B

Property type

Investment properties

Property subtype

Live-work space

APN

01980-0033

APU

19800033

Description

This exceptional 7,000 square foot mixed-use property in Corona, NY, presents a lucrative investment opportunity. Situated on a 0.06-acre lot at 4512 104th Street, this building offers a unique blend of commercial and residential space, ideal for generating diverse income streams. The ground floor boasts approximately 2,000 square feet of commercial space, perfect for a variety of businesses. Its 17-foot high ceilings provide ample space and a sense of grandeur, while the high foot traffic and excellent visibility ensure maximum exposure for any tenant. A full 2,000 square foot basement and a 500 square foot backyard add significant potential for storage, expansion, or outdoor use. The upper floors provide substantial residential space, with the second and third floors each featuring three bedrooms and three full bathrooms. The second floor also includes a large balcony, offering residents additional outdoor living space. This property is priced at $3,850,000 and represents a rare chance to acquire a versatile and high-potential investment in a thriving Queens neighborhood. The combination of commercial and residential units offers a strong foundation for long-term growth and profitability. Don't miss this chance to secure a prime piece of Corona real estate.

• CAP approach

  CAP return

  Valuation

  6%

  $930,782

  6.5%

  $859,183

  7%

  $797,813

• Comparable approach

  Method

  Valuation

  Relative Method

  $658,103

  Geo Method

  $658,103

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,681,490

  Retail / Commercial

  $862,257

  Hospitality / Lodging

  $630,355

  Office

  $854,079

  Institutional / Educational

  $893,204

  Residential Income

  $1,045,050

  Multifamily

  $1,253,380

  Automotive / Energy

  $765,604

  Parking / Income-Based Land

  $264,200

  Restaurant / Food Service

  $446,868

  Healthcare / Senior Housing

  $881,076

Location Insight

City

Flushing

County

Queens

State

New York

Latitude

40.7465

Longitude

-73.8603

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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