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    3703 101St St Corona, NY 11368

    For Sale
    $1,980,000

    Laundromat & 3 Apartments, High Traffic

    Property size:
    2,973 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional mixed-use property is ideally situated in the bustling heart of Corona, New York. Boasting a prime location, this 2,973 square foot building presents a lucrative investment opportunity. The property comprises a thriving laundromat, generating consistent income, and three residential apartments. The apartment layout includes one spacious three-bedroom unit with two full bathrooms, catering to families or those seeking ample living space. Additionally, there are two one-bedroom apartments, perfect for individuals or couples. The building's dimensions measure 26.03 feet by 38.50 feet, offering a solid footprint. Its strategic location provides unparalleled convenience, with the 7 train on Roosevelt Avenue easily accessible within a 10-minute walk. This translates to effortless commutes and access to a wide array of amenities and services. The high foot traffic in this vibrant neighborhood ensures strong potential for both the commercial and residential components of this property. This is a rare opportunity to acquire a well-established, income-generating asset in a highly sought-after area. The asking price is $1,980,000. This property is offered as-is.

    Property Features for 3703 101St St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,973 SF

    Building Details

    Year Built
    2005
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Queens
    State
    New York
    Longitude
    -73.86605
    Latitude
    40.75267

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    FAQs

    What type of property is this?
    Mixed-use property - Laundromat & 3 Apartments, High Traffic
    Where is this mixed-use property located?
    The property is located at 3703 101St St Corona, NY.
    What is the asking price?
    The asking price for this property is $1,980,000.
    (718) 939-8388
    Request Owner's contact information
    3703 101St St Corona, NY 11368
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    Corona, NY 11368
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3703 101St St Corona, NY 11368
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