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Corner Mixed-Use Building
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106-04 Northern Blvd, Queens, NY 11368

Corner 6-story elevator building with 28 apartments and 3 commercial units, plus a 421A tax abatement through 2036.

Property SizeContact for details
Days on Market120

Property Features for 106-04 Northern Blvd

General Information

Standard status Active
Property subtype Mixed Use, Multifamily, Retail

Additional Details

Multifamily Units 28

Building Details

Stories 6
Listing Agency: Alpha Realty NY
Listed By: Lev Mavashev · License #NY 10351208812
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 8:13AM

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 Alpha Realty NY

Investment Insights

Based on property information with market context.

This corner, 6-story elevator building offers 28 apartments and 3 commercial units. A 421A tax abatement is in place through 2036, and the property is described as having a long-term tenant.

The property is located in the Corona section of Queens near shopping, dining, and transportation options. It is within walking distance to the 111th Street Station on the 7 train.

As a mixed-use asset, the building provides residential income alongside street-level commercial components within the same structure.

Key Highlights

  • Corner 6‑story elevator building with 28 apartments and 3 commercial units
  • 421A tax abatement in place through 2036
  • NYC long‑term tenant

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Auto Parts Store Garden Center

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

28
Residential units

Location Intelligence

Trade Area within ½ mile

1,161
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Corner 6-story elevator building with 28 apartments and 3 commercial units, plus a 421A tax abatement through 2036.
Where is this apartment building located?
The property is located at 106-04 Northern Blvd Queens, NY.
What are key features of this property?
This property features: Corner 6‑story elevator building with 28 apartments and 3 commercial units; 421A tax abatement in place through 2036; NYC long‑term tenant
More about this property
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