This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

A prime Northern Blvd corner mixed use 5 Fam 9902 Northern Blvd

6 Unit Block of Flats £1,749,924 (£291,654/Unit) Corona, NY 11368

Investment Highlights

  • Heavy Pedestrian traffic
  • Delivered 100% vacant 5 Apartments and 1 store
  • 30,000 Daily Vehicles

Executive Summary

For Sale: A prime retail location mixed used building delivered fully vacant.
5 Apartments with a store.
Property Video: https://youtu.be/oAK42FwyOzE
Ideal for investors looking for a high return on their investment.
Over 200,000 people within a 2 mile radius.
30,000 Daily Vehicle count.
When fully leased, the market rents are over $220,000 annually.
Lot size: 22.42 x 100
Building: 22.42 x 71 (1st floor)
Building size: 3,850 Sq.Ft.
Taxes: $19,255 year

*Victor Weinberger of REMAX Team
*917-806-7040 (cell) 917-591-8000 (eFax)
*718-429-4400 (office)
*E-mail: VWremax@gmail.com
*Web: http://www.VictorWeinberger.com

Financial Summary (Pro forma - 2025)

Annual Annual Per SF
Gross Rental Income £174,992 £45.45
Other Income - -
Vacancy Loss - -
Effective Gross Income £174,992 £45.45
Taxes - -
Operating Expenses - -
Total Expenses £27,840 £7.23
Net Operating Income £147,153 £38.22

Financial Summary (Pro forma - 2025)

Gross Rental Income
Annual £174,992
Annual Per SF £45.45
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £174,992
Annual Per SF £45.45
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £27,840
Annual Per SF £7.23
Net Operating Income
Annual £147,153
Annual Per SF £38.22

Property Facts

Price £1,749,924
Price Per Unit £291,654
Sale Type Investment
Sale Conditions Development Sale
No. Units 6
Property Type Residential
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low Rise
Lot Size 0.05 AC
Building Size 3,850 SF
Average Occupancy 0%
Number of Floors 3
Year Built 1933
Parking Ratio 0.52/1,000 SF
Walk Score ®
Walker's Paradise (91)
Transit Score ®
Excellent Transit (82)
Bike Score ®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01714-0001
Land Assessment
£1,795 (2024)
Improvements Assessment
£120,732 (2024)
Total Assessment
£122,527 (2024)
  • Listing ID: 34272889

  • Date on Market: 22/12/2024

  • Last Updated:

  • Address: 9902 Northern Blvd, Corona, NY 11368

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}