5507 103rd Street
Corona, NY 11368
Corona- Studio
- 4,250 sqft
Studio
4,250 sqft
Local Information
© Google
-- mins to
Description
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.
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.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$513
Listed
180+ days ago
Last check for updates: about 1 hour ago
Listing by: United Real Estate Fortune, (516) 990-8888
Yincheng Wu ABR PSA RENE, (718) 600-8666
United Real Estate Fortune, (516) 990-8888
Zhe Chen, (917) 880-4200
Source: OneKey® MLS as distributed by MLS GRID, MLS#853259

Also Listed on OneKey® MLS as distributed by MLS GRID.
Home Details for 5507 103rd Street
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Appliances & Utilities Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available |
Heating & Cooling Heating: Hot WaterHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Hot Water |
Gas & Electric Has Electric on Property |
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Parking & Garage No CarportNo Garage |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 239Days on Market: 180+ |
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Year Built Year Built: 1931 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family |
Building Not Attached Property |
Property Information Parcel Number: 019440030 |
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Price List Price: $2,180,000Price Per Sqft: $513 |
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MLS Status: Active |
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Direction & Address City: Corona |
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Listing Agent Listing ID: 853259 |
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Building Area Building Area: 4250 Square Feet |
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Not Senior Community |
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Lot Area: 3155 sqft |
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Special Conditions: None |
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Listing Agreement Type: Exclusive Agency |
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Expense Tenant Pays: All Utilities |
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Mls Number: 853259Attribution Contact: 516-990-8888Showing Requirements: Appointment Only, Call Listing Agent |
Price History for 5507 103rd Street
| Date | Price | Event | Source |
|---|---|---|---|
| 10/15/2025 | $2,180,000 | PriceChange | OneKey® MLS as distributed by MLS GRID #853259 |
| 04/24/2025 | $2,280,000 | Listed For Sale | OneKey® MLS as distributed by MLS GRID #853259 |
Similar Homes You May Like
New Listings near 5507 103rd Street
Comparable Sales for 5507 103rd Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.18 | Multi-Family Home | $1,300,000 | 12/11/25 | 9 | 5 | 3,975 | |
0.03 | Multi-Family Home | $1,310,000 | 11/12/25 | 10 | 3 | 2,312 | |
0.13 | Multi-Family Home | $894,600 | 09/02/25 | 7 | 3 | 3,164 | |
0.19 | Multi-Family Home | $1,355,000 | 10/29/25 | 4 | 2 | 2,716 | |
0.16 | Multi-Family Home | $990,000 | 03/05/26 | 6 | 3 | 1,948 | |
0.12 | Multi-Family Home | $830,000 | 03/24/26 | 7 | 4 | 1,778 | |
0.06 | Multi-Family Home | $996,400 | 09/23/25 | 7 | 3 | 1,940 |
Assigned Schools
These are the assigned schools for 5507 103rd Street.
What Locals Say about Corona
At least 975 Trulia users voted on each feature.
85 % Say it's walkable to grocery stores
83 % Say there are sidewalks
79 % Say it's dog friendly
79 % Say it's walkable to restaurants
69 % Say streets are well-lit
64 % Say kids play outside
60 % Say there's holiday spirit
56 % Say people would walk alone at night
48 % Say they plan to stay for at least 5 years
47 % Say yards are well-kept
45 % Say neighbors are friendly
41 % Say car is needed
41 % Say it's quiet
33 % Say there's wildlife
32 % Say there are community events
25 % Say parking is easy
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Yincheng Wu ABR PSA RENE, United Real Estate Fortune, (516) 990-8888
Agent Phone: (718) 600-8666

Based on information submitted to the MLS GRID as of 2026-02-06 15:18:24 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

