11117 Roosevelt AveCorona, NY 11368

For Sale
$1,950,000

High-Income Potential, Prime Location, Newly Renovated

Overview

Added:
Feb 3
Days on market:
39
This exceptional mixed-use property in the vibrant heart of Corona, Queens presents a lucrative investment opportunity. The building boasts a newly renovated (2024) 1600 square foot ground floor storefront, ideal for a variety of commercial ventures. Two convenient half-bathrooms and additional rear storage space enhance the commercial unit's functionality. Upstairs, two well-appointed one-bedroom, one-bathroom apartments, each approximately 600 square feet, provide consistent rental income. Atop the building, a spacious three-bedroom, two-bathroom penthouse suite (approximately 1300 square feet) offers premium living space with significant rental potential. The property's prime location is further enhanced by its proximity to the train station, providing easy access to public transportation. For those with vehicles, two convenient parking spaces are located directly in front of the building. All utilities are clearly separated and easily accessible, simplifying management and maintenance. This turnkey investment property offers a unique blend of commercial and residential income streams in a high-demand area. The recent renovations ensure immediate occupancy and minimal upfront investment in repairs or upgrades. Don't miss this chance to acquire a high-yield property in a thriving Queens neighborhood.

Property Details for 11117 Roosevelt Ave

Property type
Mixed-use properties, Other mixed-use properties
Year Built
1992

Location Insight

City
Corona
County
Queens
State
New York
Latitude
40.75207
Longitude
-73.85532
11117 Roosevelt Ave, Corona, New York

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11117 Roosevelt Ave
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