5507 103rd St, Corona, NY
0 bd · 0 ba · 0 sqft Multi-Family listed at $2,180,000, built in 1931 in the South Corona neighborhood.
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.
Property details
- Price
- $2,180,000
- Bedrooms
- 0
- Bathrooms
- 0
- Year built
- 1931
- Lot size
- 3,154 sqft
- Type
- Multi-Family
- Days on market
- 366
- Est. property tax
- $30,084/yr · $2,507/mo · 1.38% NY avg
- Last sold
- $1,250,000 · Aug 2018
Estimated monthly payment
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Price history
▼ 4.4%Most recent change on 2025-10-15: $2,280,000 → $2,180,000.
- Oct 15, 2025$2,180,000Price change
- Apr 24, 2025$2,280,000Initial list price
- Aug 7, 2018$1,250,000Sold
- Jun 26, 1997$144,000Sold
Location
This home is located in Corona, NY. Browse more Corona listings on the Corona market page.
Home Intelligence
Neighborhood (zip 11368)
This neighborhood is primarily renter-occupied (22% owner-occupied). Median age is 34.6; 11% hold a bachelor's degree; median household income is $69,391.
- Median income
- $69,391
- Median age
- 34.6
- Owner-occupied
- 22.0%
- Bachelor's degree
- 10.5%
- Census median home value
- $797,200
Source: US Census Bureau American Community Survey 5-year estimates.
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