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Brick Mixed-Use Income Property
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106-11 Northern Boulevard, Corona, NY 11368

Three-level brick building with a yard barber shop and two rental apartment units generating monthly income.

Property SizeContact for details
Days on Market541

Property Features for 106-11 Northern Boulevard

General Information

Standard status Active
Property subtype Mixed Use, Retail
Occupancy 100%
Net Operating Income $124,931

Additional Details

Multifamily Units 2

Building Details

Year Built 1930
Buildings 1
Stories 3
Units 3
Tenancy Multi
Listing Agency: Telemundo Realty
Listed By: Gladys Ramirez · License #NY 31RA0597323
Source: Crexi
Added: Feb 15, 2025 Changed: Aug 8 Last Checked: Aug 9 at 3:50PM

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 Telemundo Realty

Investment Insights

Based on property information with market context.

This brick mixed-use property is in very good condition and includes multiple income-producing spaces across three levels. The first floor, basement, and yard are rented to a barber shop for $5,000 per month. The tenant pays 40% of the water. The second floor provides a residential layout with three bedrooms, a living room, a kitchen, and a bathroom, renting for $4,150 per month. The third floor offers three bedrooms, one bathroom, a kitchen, and a living room, renting for $3,050 per month, with the tenant paying all utilities except cold water.

Convenient area access is supported by nearby buses and a train. The surrounding area includes a supermarket, restaurants, a realtor office, banks, and a school. Citifield Stadium is also nearby, with a soccer stadium and shopping center noted as coming soon in the area.

The property may appeal to investors seeking a mixed-use setup with an existing retail/barber tenant and two residential rental units within the same brick building. Day-to-day income is already established for the barber shop and the apartment units, with utility responsibilities described for each tenant.

Key Highlights

  • Three‑level brick building (built 1930) with a yard barber shop plus rental apartment units.
  • 1st floor/basement/yard rented to a barber shop for $5,000/month; tenant pays 40% of water.
  • 2nd floor has 3 bedrooms with living room, kitchen, and bathroom, renting for $4,150/month.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Nursing Home Garden Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,169
Businesses Nearby
79k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 80% Hotels & Casinos 12% Electronics 4% Dining 4%
BP Shops & Services
30,076 visits/mo 0.2 miles
Speedway Shops & Services
15,765 visits/mo 0.4 miles
Springhill Suites New York Laguardia Airport Hotels & Casinos
9,165 visits/mo 0.3 miles
Shell Shops & Services
6,654 visits/mo 0.4 miles
Metro by T-Mobile Electronics
3,440 visits/mo 0.2 miles

Demographics for 11368, NY

117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-level brick building with a yard barber shop and two rental apartment units generating monthly income.
Where is this mixed-use property located?
The property is located at 106-11 Northern Boulevard Corona, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Three‑level brick building (built 1930) with a yard barber shop plus rental apartment units.; 1st floor/basement/yard rented to a barber shop for $5,000/month; tenant pays 40% of water.; 2nd floor has 3 bedrooms with living room, kitchen, and bathroom, renting for $4,150/month.
(347) 351-5846 Call to check price and availability
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