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Occupied Mixed-Use Property
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101-12 43rd Avenue, New York, NY 11368

Four apartments and one storefront are currently occupied, with separate utility metering for each unit.

Property SizeContact for details
Days on Market179

Property Features for 101-12 43rd Avenue

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multifamily
Zoning R6B
Occupancy 100%
Net Operating Income $88,244

Additional Details

Utilities to Site Yes

Building Details

Year Built 2018
Buildings 1
Units 5
Tenancy Multi
Listing Agency: Daniel Gale Sothebys Intl Rlty
Listed By: Hillary Li · License #1030082
Source: Crexi
Added: Mar 5 Changed: Aug 29 Last Checked: Aug 29 at 10:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Daniel Gale Sothebys Intl Rlty

Investment Insights

Based on property information with market context.

Completed in 2018, this mixed-use building combines four residential apartments with one commercial storefront. The property is fully occupied, providing an existing operating profile across both residential and commercial components. Each unit has its own boiler, heating system, electric meter, and gas meter, while the owner is responsible for water service. Three deeded parking spaces are also included.

The property is located on 43rd Avenue in Corona, Queens, within walking distance of the 7 Train along Roosevelt Avenue. Nearby bus routes add transit options for residents and storefront users. Park of the Americas is two blocks away, while Flushing Meadow Corona Park is a 6-minute drive and Citi Field is an 8-minute drive. The property is zoned R6B.

Key Highlights

  • Four residential apartments plus one commercial storefront
  • All units currently occupied
  • Built in 2018 with separate boilers, heating systems, electric meters, and gas meters for each unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Nursing Home Parking Lot & Garage Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,636
Businesses Nearby

Demographics for 11368, NY

117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four apartments and one storefront are currently occupied, with separate utility metering for each unit.
Where is this mixed-use property located?
The property is located at 101-12 43rd Avenue New York, NY.
What is the asking price?
The asking price for this property is $2,288,000.
What are key features of this property?
This property features: Four residential apartments plus one commercial storefront; All units currently occupied; Built in 2018 with separate boilers, heating systems, electric meters, and gas meters for each unit
More about this property
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