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Property profile & analytics
OFF-MARKET Estimated value $1,715,000
Investment properties

3816 108th St Corona, NY 11368-2021

7,374 SF 0.06 ac lot Built 2015
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US63-0818696
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2015
Total area 7,374 SF
Lot 0.06 ac (2,500 SF)
Zoning code R6B
APN 01775-0039
UPID US63-0818696
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.72M
Owner & transaction history
KENYUK CHEUNG, LLC · 6 yrs held
KENYUK CHEUNG, LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
R6B · Corona, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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