?? Mixed-Use Investment Opportunity – Strong Cash Flow & Upside ??
This fully mixed-use building presents a compelling opportunity for investors or 1031 exchange buyer seeking stable income with near-term upside potential.
? Property Overview:
* Ground floor: Established restaurant tenant
* Upper floors: 4 residential units
* Diversified income stream (commercial + residential)
?? Financial Highlights:
* Annual Gross Income: ~$200,000
* Asking Price: $2,950,000
* Approx. Cap Rate: 6.7% (before expenses)
* Commercial lease expires September 2026
?? Value-Add Potential:
* Upcoming lease expiration allows for rent repositioning
* Opportunity to increase overall returns
* Strong rental demand in both commercial and residential sectors
?? Ideal for investors seeking a balance of cash flow + future upside.
?? Contact for full financials and rent roll.
All information should be independently verified.
Property Features
Utilities
Natural Gas Available
Cable Available
Cable Connected
Electricity Available
Electricity Connected
Natural Gas Connected
Sewer Available
Sewer Connected
Water Available
Water Connected
Heating Information
Baseboard
Natural Gas
Water Features
Public
Other
Basement
Finished
Full
Cooling Information
Wall/Window Unit(s)
School Information
School Information for 3729 103rd Street, Corona, NY 11368
Elementary School
Ps 16 Nancy Debenedittis School (The
Middle School
Is 61 Leonardo Da Vinci
High School
Newtown High School
Listing Courtesy: S10 Realty Group LLC - 646-286-0219