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5507 103rd StreetCorona, NY 11368

For Sale

$2,180,000

Smart Buyer Rebate $27,250

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.

Listed by Yincheng Wu PSA

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United Real Estate Fortune

·

516-990-8888

Listed by Zhe Chen

·

United Real Estate Fortune

Last updated October 15, 2025

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Source: OneKey #853259

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Corona
  • Days on Prevu183
  • Taxes$14,642.12/year

Location

Mortgage Calculator

Listing History

10/15/2025
Price Decreased
$2,180,000
04/24/2025
Listed by United Real Estate Fortune
$2,280,000

Estimated Closing Costs

Total
$80,132
Attorney Fees
$4,000
NYC Mansion Tax
$27,250
Title Insurance
$9,810
Bank Attorney
$1,500
Mortgage Recording Tax
$33,572
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $2,180,000 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 5507 103rd Street

Exterior

Construction

  • Number Of Units Total: 4
  • Year Built: 1931
  • Construction Materials: Block

Measurements

  • Building Area Total: 4,250
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Square Feet: 3,155

Financial

Taxes

  • Parcel Number: 01944-0030
  • Tax Annual Amount: $14,642.12
  • Tax Assessed Value: $362,250.00
  • Tax Year: 2024

Interior

Features

  • Interior Features: High Speed Internet

Utilities

Equipment

  • Cooling: Electric
  • Heating: Hot Water
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • 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.