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Mixed-Use Property with Commercial Ground Floor
New
For Sale
$1,850,000

38-15 97th Street, Corona, NY 11368

The existing building has commercial use on its first floor.

Property SizeContact for details
Lot Size0.05 Acres
Days on Market4

Property Features for 38-15 97th Street

General Information

Standard status Active
Lot size 0.05 Acres
Property subtype Duplex
Zoning R6b C1-4

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $7,080

Building Details

Year Built 1920
Listing Agency: Winzone Realty Inc
Listed By: Lawrence Gao · License #10401301792
Source: Serhant
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 11:00AM

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 Winzone Realty Inc

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Investment Insights

Based on property information with market context.

This mixed-use property has a 20-by-46-foot building with commercial use on the first floor. The structure dates to 1920, and the 23-by-100-foot lot is described as having 4,600 square feet of buildable area.

Zoning is R6B and C1-4. The property is near the Junction Boulevard 7 train station and one block from Roosevelt Avenue.

Key Highlights

  • 4,600 square feet of buildable area
  • 23‑by‑100‑foot lot
  • 20‑by‑46‑foot building with first‑floor commercial use

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

1,056
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The existing building has commercial use on its first floor.
Where is this mixed-use property located?
The property is located at 38-15 97th Street Corona, NY.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 4,600 square feet of buildable area; 23‑by‑100‑foot lot; 20‑by‑46‑foot building with first‑floor commercial use
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