Mixed-Use Investment Property in
10116 39th Avenue, Corona, NY 11368
- Added:
- Mar 16, 2026
- Days on Market:
- 59
- Last Refresh:
- May 13 at 5:06 am
Property Features for 10116 39th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Rooms
- Basement
- Basement
- Finished, Full
- Standard status
- Active
- APN
- 01770-0021
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11329
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 2012
- Number of units
- 8
- Building materials
- Brick
Listing agent Qian Huang (646) 785-1699
Listing office Lin Pan Realty Group LLC 5 Bond St Suite #201, Great Neck, NY (516) 693-9888
Listing date Mar 16, 2026
MLS# 972195
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Strong and stable cash flow with an attractive Net Operating Income (NOI) of approximately $181,000 annually.
- Diversified income streams from a medical office, seven residential units, and rooftop lease income.
- Highly convenient location near public transportation, retail, and dining in a demand‑driven Queens location.
- Well‑maintained building constructed in 2012.
- Efficient building layout with six well‑configured 1‑bedroom apartments and one 1‑bedroom unit with a large backyard.
- Proximity to major transportation routes and easy access to Manhattan.
Overview
This well-maintained mixed-use investment property is located in a highly convenient neighborhood near public transportation, retail, and dining. The property features one medical office on the ground floor and seven residential units, along with additional rooftop lease income, providing diversified income streams for investors. The building layout includes a medical office and one 1-bedroom unit with a large backyard on the first floor, followed by six additional one-bedroom apartments across the second, third, and fourth floors. Each residential floor contains two well-configured 1-bedroom units, making the building efficient to manage and highly rentable in this demand-driven Queens location. The property generates approximately $207,000 in annual gross operating income, with estimated operating expenses of about $26,000, resulting in an attractive Net Operating Income (NOI) of approximately $181,000 annually. Situated between Corona and Flushing, the property benefits from strong rental demand, proximity to major transportation routes, neighborhood retail corridors, and easy access to Manhattan. The lot size is 0.0574 acres. The property is zoned R6B. This is an excellent opportunity for investors seeking a stable income-producing property with upside potential in one of Queens' most active rental markets.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Medical Office Space
Location Insight
- Map
- Local Demand
- City
- Corona
- County
- Queens
- State
- New York
- Longitude
- -73.863995
- Latitude
- 40.750169
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Well-maintained mixed-use property with diversified income streams in a convenient location.
Where is this mixed-use property 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: Strong and stable cash flow with an attractive Net Operating Income (NOI) of approximately $181,000 annually.; Diversified income streams from a medical office, seven residential units, and rooftop lease income.; Highly convenient location near public transportation, retail, and dining in a demand‑driven Queens location.
