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

    10219 44th Avenue, Corona, NY 11368

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    Claim this Listing
    For Sale
    $5,000,000

    COMMERCIAL - Corona, NY

    Property size:
    12,800 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $390/SF
    Added:
    Feb 12, 2026
    Days on Market:
    122
    Last Refresh:
    Jun 14 at 9:06 pm

    Property Features for 10219 44th Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    M1-1
    Parking features
    Carport
    Standard status
    Active
    Size
    12,800 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Annual Amount
    59360

    Building Details

    Year built
    1989
    Floors in Building
    2
    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# 498969

    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.
    • Approximately 12,800 sq ft total building size.
    • Approximately 10,000 sq ft combined lot size.
    • Parking area included.
    • Value‑add potential.
    • High‑demand Queens location.

    Overview

    This is a two-building package deal for sale located at 10219 and 10217 44th Avenue, Corona, NY 11368. The combined lot size is approximately 10,000 square feet, with a total building size of approximately 12,800 square feet. The property offers flexibility for a variety of uses, subject to zoning and approvals. The zoning is M1-1. The property also features a parking area. It presents value-add potential and long-term upside in a high-demand Queens location.

    Local Financial Insights For Office B

    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 $645.1k $50.40
    − Vacancy −$83.2k −$6.50
    EGI $561.9k $43.90
    − OpEx −$140.5k −$10.97
    NOI $421.4k $32.92
    12,800 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $6.02M
    $5.27M – $7.02M (±1% cap)
    NOI $421,425 @ 7.0% cap · market cap 8.43%
    Second Best
    Flex RnD
    $2.90M
    $2.54M – $3.39M (±1% cap)
    NOI $203,174 @ 7.0% cap · market cap 4.06%
    Theoretical Best
    Office A
    $9.44M
    $8.26M – $11.01M (±1% cap)
    NOI $660,541 @ 7.0% cap · market cap 13.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    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.

    Similar Places Nearby

    • Hoppers — 109-17 46th Ave, Queens, NY 11368
    • Corona Food Market Catering — Stephy's Communication Corp, 3919 111th St, Corona, NY 11368
    • Empanadas2GO — 96-10 37th Ave, Queens, NY 11368
    • Mudanzas moving galindo services — 91-26 43rd avenue, queens, ny 11373
    • Tequila City NY — 32-56 101st St, Queens, NY 11368

    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?
    Flex space - Two-building package with parking in high-demand Queens location.
    Where is this flex space located?
    The property is located at 10219 44th Avenue Corona, NY.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: Two‑building package deal.; Approximately 12,800 sq ft total building size.; Approximately 10,000 sq ft combined lot size.
    (646) 407-6668
    We can help!
    Listing Contact
    Chun Hung (Leo) Tse
    Real Estate License ID: CT7740
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