Mixed-Use Medical Office
10116 39th Avenue Corona, NY 11368
10116 39th Avenue, Corona, NY, 11368
$3,800,000
For Sale
$3,800,000
Well-maintained building combining a ground-floor medical office with seven 1-bedroom residential units and rooftop lease income.
Days on Market129
Property Features for 10116 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 11:57AM Checked: Jul 22 at 11:57AM
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 and one 1-bedroom unit with a large backyard. The remaining six 1-bedroom apartments are distributed across the second, third, and fourth floors, with each residential floor configured with two units for efficient management.
The property also includes additional rooftop lease income. Public remarks indicate the building is in a convenient neighborhood near public transportation, retail, and dining, and sits between Corona and Flushing.
The overall unit mix is seven 1-bedroom residences plus the medical office component, creating a diversified income stream for an investor. Financial figures provided in the remarks include approximately $207,000 in annual gross operating income, with estimated operating expenses of about $26,000 and an estimated NOI of approximately $181,000 annually.
The property also includes additional rooftop lease income. Public remarks indicate the building is in a convenient neighborhood near public transportation, retail, and dining, and sits between Corona and Flushing.
The overall unit mix is seven 1-bedroom residences plus the medical office component, creating a diversified income stream for an investor. Financial figures provided in the remarks include approximately $207,000 in annual gross operating income, with estimated operating expenses of about $26,000 and an estimated NOI of approximately $181,000 annually.
Key Highlights
- Built in 2012, well‑maintained mixed‑use building with one ground‑floor medical office and seven residential units
- Unit mix includes seven 1‑bedroom apartments across floors 1–4, with two 1‑bedroom units on each residential floor
- Includes additional rooftop lease income in the overall income approach
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Well-maintained building combining a ground-floor medical office with seven 1-bedroom residential units and rooftop lease income.
Where is this apartment building located?
The property is located at 10116 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: Built in 2012, well‑maintained mixed‑use building with one ground‑floor medical office and seven residential units; Unit mix includes seven 1‑bedroom apartments across floors 1–4, with two 1‑bedroom units on each residential floor; Includes additional rooftop lease income in the overall income approach
