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    Two-Building Package in Corona, NY Title is generated by Realmo AI

    10211 44th Avenue, Corona, NY 11368

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    Claim this Listing
    For Sale
    $4,000,000

    COMMERCIAL - Corona, NY

    Property size:
    18,520 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $215/SF
    Added:
    Feb 12, 2026
    Days on Market:
    122
    Last Refresh:
    Jun 14 at 9:06 pm

    Property Features for 10211 44th Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    M1-1
    Basement
    Full
    Standard status
    Active
    Size
    18,520 SF
    Lot size
    0.26 Acres

    Taxes and HOA fees

    Tax Annual Amount
    87009

    Building Details

    Floors in Building
    3
    Building materials
    Brick
    Roof type
    Flat

    We can help!

    Listing Contact
    Chun Hung (Leo) Tse

    Listing agent Chun Hung (Leo) Tse License #CT7740

    Listing office ProBase Real Estate 289 Kings Highway, Brooklyn, NY

    Listing date Feb 12, 2026

    MLS# 498970

    Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two‑building package deal in Corona, Queens
    • Approximately 18,520 SF total building size on an 11,300 SF lot
    • Includes a 3,500 SF basement
    • Features 7 on‑site parking spaces with loading area
    • Equipped with 2 freight elevators
    • Offers flexible usage potential (subject to zoning)

    Overview

    This is a two-building package deal for sale located at 10211 and 10215 44th Avenue, Corona, NY 11368. The property is suitable for both investors and end users seeking scale and long-term upside. The total lot size is approximately 11,300 square feet, and the total building size is approximately 18,520 square feet. The basement is approximately 3,500 square feet. The property includes 7 on-site parking spaces with a loading area. It also features 2 freight elevators. The property offers substantial operational capacity, flexible usage potential subject to M1-1 zoning, and strong value-add possibilities.

    Local Financial Insights For Mixed Use

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $444.5k $24.00
    − Vacancy −$63.1k −$3.41
    EGI $381.4k $20.59
    − OpEx −$143.0k −$7.72
    NOI $238.4k $12.87
    18,520 SF · lease $24.00/SF/yr · vacancy 14.20% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $3.41M
    $2.98M – $3.97M (±1% cap)
    NOI $238,352 @ 7.0% cap · market cap 5.96%
    Second Best
    Industrial
    $1.66M
    $1.46M – $1.94M (±1% cap)
    NOI $116,508 @ 7.0% cap · market cap 2.91%
    Theoretical Best
    Office A
    $13.65M
    $11.95M – $15.93M (±1% cap)
    NOI $955,721 @ 7.0% cap · market cap 23.89%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Queens
    State
    New York
    Longitude
    -73.861303
    Latitude
    40.747085

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    FAQs

    What type of property is this?
    Industrial property - Two-building package deal in high-demand Queens location.
    Where is this industrial property located?
    The property is located at 10211 44th Avenue Corona, NY.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: Two‑building package deal in Corona, Queens; Approximately 18,520 SF total building size on an 11,300 SF lot; Includes a 3,500 SF basement
    (646) 407-6668
    We can help!
    Listing Contact
    Chun Hung (Leo) Tse
    Real Estate License ID: CT7740
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