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106-16 Corona Ave, Corona NY 11368
106-16 Corona Ave, Corona NY 11368
106-16 Corona Ave, Corona NY 11368
106-16 Corona Ave, Corona NY 11368
106-16 Corona Ave, Corona NY 11368
106-16 Corona Ave, Corona NY 11368
106-16 Corona Ave, Corona NY 11368
New York>Queens>South Corona

106-16 Corona AveCorona, NY 11368

For Sale

$1,580,000

Smart Buyer Rebate $19,750

Incredible Opportunity to own a Mix use building featuring retail store front plus one residential unit asset located in prime Corona. All tenants own the separate gas meters & electric meters. Lower property tax $5613. Income rate is over 5%. The first floor restaurant $4775 (3% increase per year, lease end on 2029) 2nd floor $2400 (Four bedroom two bath) no lease. Full finished basement. the owner pay 35% property tax, Water bill $300 Per Quarter, and insurance $4000 per/year. Building size 24x42 zoning R6B, C2-3.

Listed by Xun Lin

·

New Group Realty Inc

·

718-255-9100

Listed by Carmen M. Sang GRI CBR

·

New Group Realty Inc

Last updated September 02, 2025

·

Source: OneKey #892888

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Corona
  • Days on Prevu47
  • Taxes$5,613/year

Location

Mortgage Calculator

Listing History

07/23/2025
Listed by New Group Realty Inc
$1,580,000

Estimated Closing Costs

Total
$56,742
Attorney Fees
$4,000
NYC Mansion Tax
$15,800
Title Insurance
$7,110
Bank Attorney
$1,500
Mortgage Recording Tax
$24,332
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,580,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 106-16 Corona Ave

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Year Built: 1920
  • Construction Materials: Brick

Measurements

  • Building Area Units: Square Feet

Financial

Residential Income

  • Gross Income: $86,100.00
  • Operating Expense: $8,006.00

Taxes

  • Tax Annual Amount: $5,613.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: Eat-in Kitchen

Rooms

  • Basement: Finished, Full
  • Has Basement: Yes

Utilities

Equipment

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. 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. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.