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10607 Northern Blvd
Corona, NY 11368 East Elmhurst

$2,260,000 USD

Apartments Condo For Sale  •  5,905 SF

Property Details

  • Property Type Apartments
  • Total Building Size 50,005 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1930
  • Cap Rate 5.50 %
  • Zoning R6A
90 Transit Score
90 Walk Score

1 Unit Available

Name Condo Use Size Price Details
Grnd Floor - Unit Retail Retail 5,905 SF $2,260,000 USD
  • Unit Size: 5,905 SF
  • Condo Use: Retail
  • Price: $2,260,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $382.73 USD
Description
Exclusive Opportunity: Mixed-Use Commercial Property with Turn-Key Business in Corona. Prime Investment Alert: An exceptional opportunity for owner-users seeking a "live-work" or "semi-retirement" lifestyle! Purchase this prime commercial real estate and take over a multi-million dollar business.
Property Highlights (Northern Blvd, Corona):
Total 3-Level Commercial Building 
Ground Floor: 2,693 sq. ft. (Impressive 25'-38' storefront frontage) 
Second Floor: 1,537 sq. ft.
Finished Basement: 1,675 sq. ft.
Curb cut for loading -pull up access 
Private multiple cars driveway 23X100 sqft
Operating Costs: Common Charge: $1,410/mo | RE Taxes: $2,410/mo
Investment Potential: Projected Rental Income: $15,000/month | Conservative CAP Rate: 5.5%
Strategic Location & Development: Situated within walking distance of the highly anticipated Metropolitan Park—the multi-billion dollar casino and entertainment complex spearheaded by Mets owner Steve Cohen and Hard Rock.
The Corona/Willets Point area is undergoing its most significant transformation in decades. With 23,000 new jobs projected, the demand for local services (retail, dining, amenities) will skyrocket. This is the turning point for Corona: transitioning from a local neighborhood hub to a premier New York destination for tourists and professionals alike.

Sale Notes
Exclusive Opportunity: Mixed-Use Commercial Property with Turn-Key Business in Corona. Prime Investment Alert: An exceptional opportunity for owner-users seeking a "live-work" or "semi-retirement" lifestyle! Purchase this prime commercial real estate and take over a multi-million dollar business.
Property Highlights (Northern Blvd, Corona):
Total 3-Level Commercial Building 
Ground Floor: 2,693 sq. ft. (Impressive 25'-38' storefront frontage) 
Second Floor: 1,537 sq. ft.
Finished Basement: 1,675 sq. ft.
Curb cut for loading -pull up access 
Private multiple cars driveway 23X100 sqft
Operating Costs: Common Charge: $1,410/mo | RE Taxes: $2,410/mo
Investment Potential: Projected Rental Income: $15,000/month | Conservative CAP Rate: 5.5%
Strategic Location & Development: Situated within walking distance of the highly anticipated Metropolitan Park—the multi-billion dollar casino and entertainment complex spearheaded by Mets owner Steve Cohen and Hard Rock.
The Corona/Willets Point area is undergoing its most significant transformation in decades. With 23,000 new jobs projected, the demand for local services (retail, dining, amenities) will skyrocket. This is the turning point for Corona: transitioning from a local neighborhood hub to a premier New York destination for tourists and professionals alike.

Description 

First Floor: Warehouse & Showroom:Massive ground floor with soaring high ceilings and Maximum street exposure; 
Second Floor: Dedicated Office Space: A private, expansive second floor tailored for administrative, executive, or creative teams
Basement: High-Capacity Storage: A fully finished, clean basement to maximize your inventory management
Driveway: On-site Parking & Fleet Logistics: A rare private multi-car driveway with a dedicated curb cut for effortless loading and unloading.

Highlights

The Ultimate 4-in-1 Flex Space Portfolio Catalyst
Dedicated curb cut for streamlined loading and pull-up access
Allow for dramatic, high-impact vertical product displays that are highly visible from the street
Heavy daytime foot traffic
Cap Rate: 5.50 %

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Dishwasher
  • Tenant Controlled HVAC
  • Washer/Dryer
  • Kitchen
  • Tub/Shower
  • Elevator
  • Wheelchair Accessible (Rooms)
  • Public Transportation
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Flushing-Main Street Station (Port Washington Branch - Long Island Rail Road) 7 min - 2.2 mi
Woodside Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road) 11 min - 2.7 mi
Transit/SubwayDriveWalkDistance
103 Street-Corona Plaza (7 - New York MTA Subway (The Subway)) 3 min 12 min 0.7 mi
111 Street (7 Line) (7 - New York MTA Subway (The Subway)) 3 min 13 min 0.7 mi
Junction Boulevard (7 - New York MTA Subway (The Subway)) 4 min 17 min 0.9 mi
AirportDriveWalkDistance
LaGuardia 7 min - 2.2 mi
John F Kennedy International 16 min - 10.5 mi
Westchester County 37 min - 28.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Zee Chen 718-913-9909 SunAmerica Realty Choice Inc
Zee Chen 718-913-9909 SunAmerica Realty Choice Inc