Mixed-Use Investment Opportunity, Corona
4512 104th New York, NY 11368
4512 104th, New York, NY, 11368
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For Sale
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Mixed-use property in Corona, NY, generating high rental income.
Property Size2,000 SF
Price / SF$1,840
Days on Market145
Property Features for 4512 104th
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Mixed Use, Land, Retail
Listing agency
B Square Realty
(718) 939-8388
Listed by
Jack Chen · License #10401221293
Source
Crexi
Added: Feb 26 Updated: Jul 10 at 3:51PM Checked: Jul 20 at 4:35AM
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 B Square Realty
Investment Insights
Based on property information with market context.
This mixed-use property is located in Corona, NY, and offers a blend of residential and commercial space. The ground floor features approximately 2000 sq. ft. of commercial space with a 16 feet high ceiling, a 2000 sq. ft. full basement, and a 500 sq. ft. backyard. The building is currently 100% occupied and generating rental income. Rent rolls and expenses will be provided upon request. This property is suitable for generating rental income or expanding a real estate portfolio.
Key Highlights
- High rental income generation with 100% occupancy.
- Mixed‑use property with both residential and commercial potential.
- Approximately 2000 sq. ft. of commercial space on the ground floor.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $471.4k | $235.68 |
| − Vacancy | −$69.3k | −$34.64 |
| EGI | $402.1k | $201.04 |
| − OpEx | −$120.6k | −$60.31 |
| NOI | $281.4k | $140.72 |
2,000 SF · lease $235.68/SF/yr · vacancy 14.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.02M
$3.52M – $4.69M
NOI $281,449 @ 7.0% cap · market cap 7.65%
Second Best
Mixed Use
$910.7K
$796.9K – $1.06M
NOI $63,750 @ 7.0% cap · market cap 1.73%
Theoretical Best
Specialty Retail
$4.98M
$4.36M – $5.81M
NOI $348,480 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property in Corona, NY, generating high rental income.
Where is this mixed-use property located?
The property is located at 4512 104th New York, NY.
What is the asking price?
The asking price for this property is $3,680,000.
What are key features of this property?
This property features: High rental income generation with 100% occupancy.; Mixed‑use property with both residential and commercial potential.; Approximately **2000 sq. ft. of commercial space on the ground floor**.
