Mixed-Use Investment Property in
For Sale
Contact for pricing
101-14 39th Ave, Corona, NY 11368
Mixed-use property with medical office, apartments, and rooftop lease income.
Property SizeContact for details
Days on Market140
Property Features for 101-14 39th Ave
General Information
Standard status
Active
Property subtype
Mixed Use, Multifamily
Investment Type
Net Lease
Net Operating Income
$244,134
Building Details
Year Built
2012
Stories
4
Listing Agency:
Lin Pan Realty
(917) 902-8853
Listed By:
Lin Pan · License #10491205311
Source:
Crexi
Added: Apr 9
Changed: Aug 15
Last Checked: Aug 25 at 10:53AM
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 Lin Pan Realty
Investment Insights
Based on property information with market context.
This mixed-use investment property features a medical office on the ground floor and seven residential units, along with rooftop lease income. The first floor includes a medical office and a one-bedroom unit with a backyard. The second, third, and fourth floors each contain two one-bedroom apartments. The rooftop is leased to a telecommunications company. The property generates approximately $270,704 in annual gross operating income, with estimated operating expenses of about $26,570, resulting in a Net Operating Income (NOI) of approximately $244,134 annually. The property is located between Corona and Flushing, with access to transportation, retail, and Manhattan. This property offers potential for investors seeking income in an active rental market.
Key Highlights
- High Net Operating Income (NOI) of approximately $244,134 annually.
- Diversified income streams from medical office, residential units, and rooftop lease.
- Located in a high‑demand Queens rental market with easy access to transportation, retail, and dining.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,316
Businesses Nearby
Explore this area
Business Placement
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 Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with medical office, apartments, and rooftop lease income.
Where is this mixed-use property located?
The property is located at 101-14 39th Ave Corona, NY.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: High Net Operating Income (NOI) of approximately $244,134 annually.; Diversified income streams from medical office, residential units, and rooftop lease.; Located in a high‑demand Queens rental market with easy access to transportation, retail, and dining.
