101-14 39th Ave Corona, NY 11368

Building Details

Year Built

2012

Listing office Lin Pan Realty

Listing date Apr 9, 2026

Source Crexi

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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.

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FAQs

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.