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    Mixed-Use Investment in Corona, Queens Title is generated by Realmo AI

    97-17 37 Ave, Queens, NY 11368

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    For Sale
    $6,180,000

    Mixed-use property with retail and residential units, generating strong income.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    51
    Last Refresh:
    Apr 24 at 3:13 pm

    Property Features for 97-17 37 Ave

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1930

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    Listing Contact
    Christopher Chandler

    Listing agent Christopher Chandler

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    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 Christopher Chandler

    HighLights

    • High Income Generation: $480,000+ per year.
    • Strong Cap Rate: Enjoy a 6.5% return on investment.
    • Mixed‑Use Property: Features 3 retail spaces, 3 residential apartments, and a community space.
    • Prime Location: Corner lot in Corona, Queens.
    • Excellent Transit Score: 82, indicating convenient access to public transportation.
    • High Walk Score: 86, indicating a very walkable area.

    Overview

    This mixed-use property in Corona, Queens, presents an investment opportunity. The corner-lot building includes a total of 7 units, consisting of 3 retail spaces, 3 residential apartments, and a community space. The property generates an income exceeding $480,000 per year, with a 6.5% cap rate. The location offers visibility for retail tenants and residential rental stability. The property has a bike score of 73, indicating it is very bikeable. The walk score is 86, meaning it is very walkable. The transit score is 82, indicating excellent transit options.
    Location Intelligence

    Current Use by Public Records

    Retail 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.

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.942957
    Latitude
    40.760655

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail and residential units, generating strong income.
    Where is this mixed-use property located?
    The property is located at 97-17 37 Ave Queens, NY.
    What is the asking price?
    The asking price for this property is $6,180,000.
    What are key features of this property?
    This property features: High Income Generation: $480,000+ per year.; Strong Cap Rate: Enjoy a 6.5% return on investment.; Mixed‑Use Property: Features 3 retail spaces, 3 residential apartments, and a community space.
    More about this property
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