3703 101st St Flushing, NY 11368
This exceptional mixed-use property is ideally situated in the bustling heart of Corona, New York. Boasting a prime location, this 2,973 square foot building presents a lucrative investment opportunity. The property comprises a thriving laundromat, generating consistent income, and three residential apartments. The apartment layout includes one spacious three-bedroom unit with two full bathrooms, catering to families or those seeking ample living space. Additionally, there are two one-bedroom apartments, perfect for individuals or couples. The building's dimensions measure 26.03 feet by 38.50 feet, offering a solid footprint. Its strategic location provides unparalleled convenience, with the 7 train on Roosevelt Avenue easily accessible within a 10-minute walk. This translates to effortless commutes and access to a wide array of amenities and services. The high foot traffic in this vibrant neighborhood ensures strong potential for both the commercial and residential components of this property. This is a rare opportunity to acquire a well-established, income-generating asset in a highly sought-after area. The asking price is $1,980,000. This property is offered as-is.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R6B · Flushing, NYCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.