99-12 37th Avenue, New York, NY

Name: 99-12 37th Avenue, For Sale in New York - Zoocasa
Brand: B Square Realty
SKU: 1020421
Price: 1699000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$1,699,000

400

MLS® 1020421

Overview

Key Facts

Type Duplex

Levels Residential Income

Size -

Garage No

Taxes $7,649

Days Active 0

Lot Size 0.04500000178813934 Acres

Approx. Age 1931

MLS® Number 1020421

Property Address: 99-12 37th Avenue, New York, NY, 11368

Average square foot calculated using Size range provided by listing agent.

Description

Prime mixed-use investment opportunity located on the busy 37th Avenue commercial corridor in Corona. This approximately 2, 608 SF property, with a building dimension of approximately 19.5' × 68', consists of a ground-floor retail space currently occupied by a barber shop and two 2-bedroom residential apartments above. Situated on a 19.5' × 101' lot with R6B zoning and a C1-4 commercial overlay, the property offers stable in-place income, low annual real estate taxes, and excellent long-term investment potential. All tenants are currently on month-to-month tenancies. The second-floor residential apartments have been renovated in recent years. All residential units are separately metered, with tenants responsible for their own utilities, contributing to an efficient, low owner-expense operating structure. Conveniently located near the 7 subway line, major bus routes, shopping, restaurants, schools, and everyday conveniences, the property benefits from strong pedestrian traffic and consistent residential and commercial demand. The mixed-use zoning further enhances the property's long-term value and future upside potential, subject to buyer verification. All information is deemed reliable but not guaranteed. Prospective buyers are encouraged to independently verify all information, including building size, income, expenses, zoning, permitted use, and future development potential.

MLS® Number1020421

Laundry Level

Central VacNo

FireplaceNo

Acreage0.045

Exterior

GarageNo

Approx. Age1931

BasementStorage Space

DrivewayOn Street

Garage Spaces

HeatElectric

A/CWall/Window Unit(s)

Extras

Map

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