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Brick Duplex Residence
For Sale
$1,638,000

52-08 103rd Street, Corona, NY 11368

Vacant at closing, with separate entrances, a high-ceiling basement, backyard, and private parking.

Property Size2,964 SF
Price / SF$552.63
Days on Market56

Property Features for 52-08 103rd Street

General Information

Standard status Active
Size 2,964 SF
Total Parking Spaces 1
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $11,391

Building Details

Building Size 2,964 SF
Year Built 2013
Buildings 1
Construction brick
Listing Agency: E Realty International Corp
Listed By: Xiaolan Cao · License #10401281467
Source: Barbieliteam
Added: Jun 10 Changed: Aug 3 Last Checked: Aug 4 at 8:58AM

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 E Realty International Corp

Investment Insights

Based on property information with market context.

Built in 2013, this full-brick duplex-style residence offers approximately 2,964 square feet arranged across 6 bedrooms and 5.5 bathrooms. The layout includes separate front and rear entrances, substantial living areas, a high-ceiling basement, private backyard, and private parking space. The property will be delivered fully vacant at closing, providing flexibility for occupancy or rental use.

The property is located at 52-08 103rd Street in Corona, with access to the 7 train, multiple bus lines, and major highways. Flushing, Manhattan, and LaGuardia Airport are also accessible from the property, while nearby shopping, dining, and everyday services add convenience to the surrounding area.

Key Highlights

  • Approximately 2,964 square feet with 6 bedrooms and 5.5 bathrooms
  • Full‑brick duplex‑style residence built in 2013
  • Separate front and rear entrances support flexible occupancy

Financial Insights For Apartment 5plus

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 $136.9k $46.20
− Vacancy −$5.2k −$1.76
EGI $131.7k $44.44
− OpEx −$59.3k −$20.00
NOI $72.5k $24.44
2,964 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.04M
$905.7K – $1.21M (±1% cap)
NOI $72,453 @ 7.0% cap · market cap 4.42%
Second Best
Multifamily LT 5
$700.8K
$613.2K – $817.7K (±1% cap)
NOI $49,059 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$2.19M
$1.91M – $2.55M (±1% cap)
NOI $152,957 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Acupuncture Carpet & Flooring Store Nursing Home Veterinary Clinic

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

3,991
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Vacant at closing, with separate entrances, a high-ceiling basement, backyard, and private parking.
Where is this duplex located?
The property is located at 52-08 103rd Street Corona, NY.
What is the asking price?
The asking price for this property is $1,638,000.
What are key features of this property?
This property features: Approximately 2,964 square feet with 6 bedrooms and 5.5 bathrooms; Full‑brick duplex‑style residence built in 2013; Separate front and rear entrances support flexible occupancy
More about this property
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