Buy with Yoreevo
$2,234,400
List Price: $2,280,000
Share Listing
Save Listing
5507 103rd Street
House in Corona •  building info
studio • 3,155ft² $723 per ft²
Buy with Yoreevo

$2,234,400

List Price

$2,280,000

Key Details
Days on market
118
Last price change
loading...
Estimated payment
$14,190/mo
Taxes
$1,220/mo
Maintenance
N/A
Description
Welcome to 5507-103 Street, a rare and expansive legal mixed-use property in the heart of vibrant Corona, Queens. This fully tenant-occupied income-generating building features a front and rear structure. gross annual rental income of $143,100, and an estimated cap rate over 6%. Set on a 3,155 sq ft lot with 4,250 sq ft of total building space, this property is perfect for savvy investors seeking both stability and growth potential. The property includes low annual taxes of $14,637. Each unit enjoys natural light and functional layouts, with high rental demand in the area ensuring low vacancy rates year-round. Perfectly situated near the 7 Subway Line and LIRR, this property offers direct access to Manhattan and Long Island, making it a commuter’s dream. Just minutes from supermarkets, restaurants, schools, and professional offices, it sits in a peaceful enclave while enjoying the best of urban convenience. This location is particularly attractive for renters, with high walkability and thriving neighborhood amenities.

Hide full description

Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$2,280,000
Asking Price: $2,280,000
Term
30 Years
Down Payment
$228,000 (10%)
Min: 10% (228,000)
Rate
6.5 %
Mortgage Amount
$2,052,000
Mortgage Payment
$12,970
Taxes
$1,220
Estimated Yoreevo rebate
$45,600
Estimated closing cost
$84,000
Total monthly cost $14,190
Buy your dream home with us and get an estimated $45,600 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of United Fortune

Information ©2025, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.