3816 108th St Corona, NY 11368-2021
This exceptional mixed-use property, located at 3816 108th Street in Corona, New York, presents a compelling investment opportunity. The building encompasses a generous 1,275 square feet of space situated on a 0.05-acre lot. Its mixed-use zoning allows for a variety of commercial and potentially residential applications, providing significant flexibility for the discerning investor. The property's strategic location in the vibrant Corona neighborhood offers excellent access to a diverse range of businesses, amenities, and a strong residential population. The asking price is $2,550,000. This represents a significant opportunity to acquire a well-positioned asset in a rapidly growing market. The property's size and zoning provide considerable potential for future development or expansion, catering to a wide range of business needs. Given its prime location and versatile zoning, this property is ideally suited for both seasoned investors and those seeking to enter the commercial real estate market. Detailed financial information and zoning specifics are available upon request. Serious inquiries only. Don't miss this chance to secure a valuable asset in a thriving New York City neighborhood.
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 · Corona, NYCorona. Always verify with local authorities before improvements.
Costs & 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.