Property summary
This exceptional 17,500 square foot land lease opportunity presents a unique chance to establish or expand a thriving business in a rapidly developing area of Corona, Queens. The property currently includes an existing mechanic repair shop, offering immediate operational potential. Its strategic location provides unparalleled access to major transportation arteries, including proximity to the 7 train subway line and bus routes, as well as the Grand Central Parkway. This ensures excellent connectivity for both employees and customers. Furthermore, the property benefits from its close proximity to Citi Field, the New York Hall of Science, the USTA Billie Jean King National Tennis Center, and the Unisphere, guaranteeing high foot and vehicle traffic. The area is experiencing significant growth, with planned additions including a new soccer stadium (opening in 2027), thousands of new residential units, a new hotel, and 80,000 square feet of additional commercial space. This surge in development promises increased population density and a substantial boost in consumer traffic, creating an ideal environment for business expansion and success. The property's 2,150 square foot building is currently configured as a single-tenant space. While the information provided is believed to be reliable, all zoning information and potential uses should be independently verified. This is a rare opportunity to capitalize on the explosive growth in this vibrant and dynamic location.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning