10216-18 43rd Ave, Corona, NY, 11368

10216-18 43rd Ave Corona, NY 11368

10216-18 43rd Ave, Corona, NY, 11368
Front Exterior 102-16/18 43rd Ave.
10216-18 43rd Ave, Corona, NY, 11368 10216-18 43rd Ave, Corona, NY, 11368 10216-18 43rd Ave, Corona, NY, 11368 10216-18 43rd Ave, Corona, NY, 11368 10216-18 43rd Ave, Corona, NY, 11368 10216-18 43rd Ave, Corona, NY, 11368 10216-18 43rd Ave, Corona, NY, 11368 10216-18 43rd Ave, Corona, NY, 11368 10216-18 43rd Ave, Corona, NY, 11368 10216-18 43rd Ave, Corona, NY, 11368 10216-18 43rd Ave, Corona, NY, 11368 10216-18 43rd Ave, Corona, NY, 11368 10216-18 43rd Ave, Corona, NY, 11368 10216-18 43rd Ave, Corona, NY, 11368
FOR SALE
Property Type:
Street Retail
Amount:
$2,088,888
Last Verified:
Oct 20, 2024

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Highlights

  • - 5,920 SF building with 6 units
  • -Approximately 2500 SF of unused FAR
  • - Zoned R6B, offering versatile usage
  • - Prime location in bustling Corona area
  • - Excellent visibility for retail businesses and accessibility for residential tenants
  • - Unique investment opportunity in sought-after location

Description

Introducing a prime investment opportunity in the vibrant Corona area comprised of two (2) buildings totaling 5,920 SF and 6 units -2 commercial spaces and 4 residential apartments. Zoned R6B, the building provides a versatile and valuable space for retail businesses to thrive as well a residential units. The convenient location within Corona ensures excellent visibility and accessibility for potential tenants. This mixed-use property represents a rare chance to secure a position in the thriving Corona area. Building is well maintained offers good upside value opportunities.

Located in the bustling neighborhood of Corona, the property offers easy access to a range of amenities and attractions. Situated near Flushing Meadows-Corona Park, tenants can enjoy the expansive green spaces and recreational facilities just a short distance away. The area is also home to diverse dining options, including authentic international cuisine and trendy eateries. With its proximity to major thoroughfares and public transportation, the location provides convenience and excellent investment potential. This vibrant neighborhood presents a prime opportunity for investors seeking a dynamic and accessible location.


Year Built: 1931
Building Size: 5920sq ft
Lot Size: 0.1 acres


Documents

STANDARD BROCHURE

Map of 10216-18 43rd Ave, Corona, NY, 11368

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.