5507 103rd St Corona, NY 11368
Corona NeighborhoodEstimated payment $12,417/month
Highlights
- Cooling Available
- Hot Water Heating System
- High Speed Internet
About This Home
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.
Listing Agent
United Real Estate Fortune Brokerage Phone: 516-990-8888 License #10401379166 Listed on: 04/24/2025
Co-Listing Agent
United Real Estate Fortune Brokerage Phone: 516-990-8888 License #10401336579
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,642
Year Built
- Built in 1931
Lot Details
- 3,155 Sq Ft Lot
Home Design
- Duplex
- Block Exterior
Utilities
- Cooling Available
- Hot Water Heating System
- High Speed Internet
- Cable TV Available
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 01944-0030
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,642 | $126,468 | $35,479 | $90,989 |
| 2024 | $14,642 | $117,118 | $39,427 | $77,691 |
| 2023 | $13,560 | $108,459 | $38,472 | $69,987 |
| 2022 | $12,287 | $351,000 | $121,950 | $229,050 |
| 2021 | $12,319 | $339,300 | $121,950 | $217,350 |
| 2020 | $12,134 | $372,600 | $121,950 | $250,650 |
| 2019 | $10,715 | $359,550 | $121,950 | $237,600 |
| 2018 | $9,964 | $83,430 | $29,749 | $53,681 |
| 2017 | $9,357 | $77,251 | $31,340 | $45,911 |
| 2016 | $4,364 | $77,251 | $31,340 | $45,911 |
| 2015 | $2,558 | $74,833 | $30,313 | $44,520 |
| 2014 | $2,558 | $69,301 | $29,437 | $39,864 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2025 10/15/25 | Price Changed | $2,180,000 | -4.4% | $513 / Sq Ft |
| 04/24/2025 04/24/25 | For Sale | $2,280,000 | -- | $536 / Sq Ft |
Source: OneKey® MLS
MLS Number: 853259
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.