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Mixed-Use Property with Basement Retail
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99-27 Corona Ave, Corona, NY 11368

Includes four three-bedroom, two-bath apartments alongside a dedicated retail component.

Property SizeContact for details
Days on Market145

Property Features for 99-27 Corona Ave

General Information

Standard status Active
Property subtype Mixed Use

Units

Unit Mix 4 x 3BR/2BA
Multifamily Units 4

Additional Details

Public Transit Yes

Building Details

Tenancy Multi
Listing Agency: Swain Realty Group
Listed By: Swain Weiner · License #10491203023
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 1:35PM

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 Swain Realty Group

Investment Insights

Based on property information with market context.

This mixed-use building combines basement retail space with four oversized three-bedroom, two-bathroom apartments. The residential units provide a substantial multifamily component within a single property, while the retail area adds a separate commercial use.

The property is at 99-27 Corona Ave in Corona, NY, positioned between 102nd Street and National Street. The Q58 bus and a grocery store are located steps away. The 103rd Street–Corona Plaza station for the 7 train and Flushing Meadows Corona Park are both within walking distance.

A 25-year tax abatement is in place, with 13 years remaining. The combination of retail and residential space creates a clearly defined mixed-use configuration with four apartment units and a basement commercial area.

Key Highlights

  • Four oversized three‑bedroom, two‑bathroom apartments
  • Basement retail space included in the mixed‑use building
  • 25‑year tax abatement with 13 years remaining

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Hotel & Motel Nursing Home 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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,055
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?
Mixed-use property - Includes four three-bedroom, two-bath apartments alongside a dedicated retail component.
Where is this mixed-use property located?
The property is located at 99-27 Corona Ave Corona, NY.
What are key features of this property?
This property features: Four oversized three‑bedroom, two‑bathroom apartments; Basement retail space included in the mixed‑use building; 25‑year tax abatement with 13 years remaining
More about this property
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