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Address: ‎10116 39th Avenue
Zip Code: 11368
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$3,800,000
MLS # 972195
English
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Lin Pan Realty Group LLC Office: ‍516-693-9888

$3,800,000 - 10116 39th Avenue, Corona, NY 11368|MLS # 972195

MLS #‎ 972195
Construction Year2012
Taxes
(per year)
$11,329
Fuel TypeGas
Air
Conditioning
Wall Unit AC
BasementFull basement
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房屋英文概況 English Description

Located at 101-16 39th Avenue, Corona / Flushing, Queens built 2012, this well-maintained mixed-use investment property offers strong and stable cash flow in a highly convenient neighborhood near public transportation, retail, and dining. The property consists of one medical office on the ground floor and seven residential units, along with additional rooftop lease income, providing diversified income streams for investors. The building layout includes a medical office and one 1-bedroom unit with a large backyard on the first floor, followed by six additional one-bedroom apartments across the second, third, and fourth floors. Each residential floor contains two well-configured 1-bedroom units, making the building efficient to manage and highly rentable in this demand-driven Queens location. The property generates approximately $207,000 in annual gross operating income, with estimated operating expenses of about $26,000, resulting in an attractive Net Operating Income (NOI) of approximately $181,000 annually. Situated between Corona and Flushing, the property benefits from strong rental demand, proximity to major transportation routes, neighborhood retail corridors, and easy access to Manhattan. This is an excellent opportunity for investors seeking a stable income-producing property with upside potential in one of Queens’ most active rental markets.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Listing courtesy of Lin Pan Realty Group LLC © 2026

Courtesy of Lin Pan Realty Group LLC

公司: ‍516-693-9888

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$3,800,000
COMMERCIAL
MLS # 972195
‎10116 39th Avenue
Corona, NY 11368


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