Mixed-Use Residential and Medical
10114 39th Avenue Corona, NY 11368
10114 39th Avenue, Corona, NY, 11368
$3,800,000
For Sale
$3,800,000
Mixed-use building with a ground-floor medical office, seven one-bedroom units, and a leased rooftop.
Days on Market129
Property Features for 10114 39th Avenue
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 2012
Listing agency
Lin Pan Realty Group LLC
(646) 785-1699
Listed by
Qian Huang
(646) 785-1699
Source
Cohenandcohenrealty
Added: Mar 16 Updated: Jul 22 at 6:36AM Checked: Jul 22 at 6:36AM
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 Group LLC
Investment Insights
Based on property information with market context.
This well-maintained mixed-use property includes a ground-floor medical office and seven residential units. The first floor features the medical office along with one 1-bedroom unit with a large backyard. The second, third, and fourth floors each include two well-configured 1-bedroom apartments, for a total of six additional residential units.
The rooftop is currently leased to a telecommunications company, creating an additional income stream. The property is situated in a convenient Queens neighborhood near public transportation, retail, and dining, and it offers access to major transportation routes and Manhattan.
The building’s income is diversified across the medical office, residential units, and rooftop lease. Reported annual figures include approximately $270,704 in gross operating income, estimated operating expenses of about $26,570, and approximately $244,134 in annual net operating income, with a stated cap rate of 6.42%.
The rooftop is currently leased to a telecommunications company, creating an additional income stream. The property is situated in a convenient Queens neighborhood near public transportation, retail, and dining, and it offers access to major transportation routes and Manhattan.
The building’s income is diversified across the medical office, residential units, and rooftop lease. Reported annual figures include approximately $270,704 in gross operating income, estimated operating expenses of about $26,570, and approximately $244,134 in annual net operating income, with a stated cap rate of 6.42%.
Key Highlights
- Mixed‑use building built in 2012 with one ground‑floor medical office and seven residential units
- Residential setup: one 1‑bedroom unit on the first floor with a large backyard, plus six more 1‑bedroom apartments on floors 2–4
- Rooftop lease to a telecommunications company for additional income
Property Analytics
Location Intelligence
Current Use by Public Records
Medical centers
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Mixed-use building with a ground-floor medical office, seven one-bedroom units, and a leased rooftop.
Where is this apartment building located?
The property is located at 10114 39th Avenue 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: Mixed‑use building built in 2012 with one ground‑floor medical office and seven residential units; Residential setup: one 1‑bedroom unit on the first floor with a large backyard, plus six more 1‑bedroom apartments on floors 2–4; Rooftop lease to a telecommunications company for additional income
