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10607 Northern Blvd 5,905 SF Retail Condo Unit Offered at $3,163,390 CAD in Corona, NY 11368



Investment Highlights
- The Ultimate 4-in-1 Flex Space Portfolio Catalyst
- Allow for dramatic, high-impact vertical product displays that are highly visible from the street
- Dedicated curb cut for streamlined loading and pull-up access
- Heavy daytime foot traffic
Executive Summary
First Floor: Warehouse & Showroom:Massive ground floor with soaring high ceilings and Maximum street exposure; Second Floor: Dedicated Office Space: A private, expansive second floor tailored for administrative, executive, or creative teams Basement: High-Capacity Storage: A fully finished, clean basement to maximize your inventory management Driveway: On-site Parking & Fleet Logistics: A rare private multi-car driveway with a dedicated curb cut for effortless loading and unloading.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Cap Rate | 5.50% |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.50% |
Description
Exclusive Opportunity: Mixed-Use Commercial Property with Turn-Key Business in Corona. Prime Investment Alert: An exceptional opportunity for owner-users seeking a "live-work" or "semi-retirement" lifestyle! Purchase this prime commercial real estate and take over a multi-million dollar business.
Property Highlights (Northern Blvd, Corona):
Total 3-Level Commercial Building
Ground Floor: 2,693 sq. ft. (Impressive 25'-38' storefront frontage)
Second Floor: 1,537 sq. ft.
Finished Basement: 1,675 sq. ft.
Curb cut for loading -pull up access
Private multiple cars driveway 23X100 sqft
Operating Costs: Common Charge: $1,410/mo | RE Taxes: $2,410/mo
Investment Potential: Projected Rental Income: $15,000/month | Conservative CAP Rate: 5.5%
Strategic Location & Development: Situated within walking distance of the highly anticipated Metropolitan Park—the multi-billion dollar casino and entertainment complex spearheaded by Mets owner Steve Cohen and Hard Rock.
The Corona/Willets Point area is undergoing its most significant transformation in decades. With 23,000 new jobs projected, the demand for local services (retail, dining, amenities) will skyrocket. This is the turning point for Corona: transitioning from a local neighborhood hub to a premier New York destination for tourists and professionals alike.
Property Highlights (Northern Blvd, Corona):
Total 3-Level Commercial Building
Ground Floor: 2,693 sq. ft. (Impressive 25'-38' storefront frontage)
Second Floor: 1,537 sq. ft.
Finished Basement: 1,675 sq. ft.
Curb cut for loading -pull up access
Private multiple cars driveway 23X100 sqft
Operating Costs: Common Charge: $1,410/mo | RE Taxes: $2,410/mo
Investment Potential: Projected Rental Income: $15,000/month | Conservative CAP Rate: 5.5%
Strategic Location & Development: Situated within walking distance of the highly anticipated Metropolitan Park—the multi-billion dollar casino and entertainment complex spearheaded by Mets owner Steve Cohen and Hard Rock.
The Corona/Willets Point area is undergoing its most significant transformation in decades. With 23,000 new jobs projected, the demand for local services (retail, dining, amenities) will skyrocket. This is the turning point for Corona: transitioning from a local neighborhood hub to a premier New York destination for tourists and professionals alike.
Sale Notes
Exclusive Opportunity: Mixed-Use Commercial Property with Turn-Key Business in Corona. Prime Investment Alert: An exceptional opportunity for owner-users seeking a "live-work" or "semi-retirement" lifestyle! Purchase this prime commercial real estate and take over a multi-million dollar business.
Property Highlights (Northern Blvd, Corona):
Total 3-Level Commercial Building
Ground Floor: 2,693 sq. ft. (Impressive 25'-38' storefront frontage)
Second Floor: 1,537 sq. ft.
Finished Basement: 1,675 sq. ft.
Curb cut for loading -pull up access
Private multiple cars driveway 23X100 sqft
Operating Costs: Common Charge: $1,410/mo | RE Taxes: $2,410/mo
Investment Potential: Projected Rental Income: $15,000/month | Conservative CAP Rate: 5.5%
Strategic Location & Development: Situated within walking distance of the highly anticipated Metropolitan Park—the multi-billion dollar casino and entertainment complex spearheaded by Mets owner Steve Cohen and Hard Rock.
The Corona/Willets Point area is undergoing its most significant transformation in decades. With 23,000 new jobs projected, the demand for local services (retail, dining, amenities) will skyrocket. This is the turning point for Corona: transitioning from a local neighborhood hub to a premier New York destination for tourists and professionals alike.
Property Highlights (Northern Blvd, Corona):
Total 3-Level Commercial Building
Ground Floor: 2,693 sq. ft. (Impressive 25'-38' storefront frontage)
Second Floor: 1,537 sq. ft.
Finished Basement: 1,675 sq. ft.
Curb cut for loading -pull up access
Private multiple cars driveway 23X100 sqft
Operating Costs: Common Charge: $1,410/mo | RE Taxes: $2,410/mo
Investment Potential: Projected Rental Income: $15,000/month | Conservative CAP Rate: 5.5%
Strategic Location & Development: Situated within walking distance of the highly anticipated Metropolitan Park—the multi-billion dollar casino and entertainment complex spearheaded by Mets owner Steve Cohen and Hard Rock.
The Corona/Willets Point area is undergoing its most significant transformation in decades. With 23,000 new jobs projected, the demand for local services (retail, dining, amenities) will skyrocket. This is the turning point for Corona: transitioning from a local neighborhood hub to a premier New York destination for tourists and professionals alike.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Retail | 5,905 SF | Retail | $3,163,390 CAD ($535.71 CAD/SF) | $173,986.43 CAD |
Unit Retail
| Unit Size |
| 5,905 SF |
| Condo Use |
| Retail |
| Price |
| $3,163,390 CAD ($535.71 CAD/SF) |
| NOI |
| $173,986.43 CAD |
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit Retail
| Unit Size | 5,905 SF |
| Condo Use | Retail |
| Price | $3,163,390 CAD ($535.71 CAD/SF) |
| NOI | $173,986.43 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.50% |
| Description | |
| Exclusive Opportunity: Mixed-Use Commercial Property with Turn-Key Business in Corona. Prime Investment Alert: An exceptional opportunity for owner-users seeking a "live-work" or "semi-retirement" lifestyle! Purchase this prime commercial real estate and take over a multi-million dollar business.<br> Property Highlights (Northern Blvd, Corona):<br> Total 3-Level Commercial Building <br> Ground Floor: 2,693 sq. ft. (Impressive 25'-38' storefront frontage) <br> Second Floor: 1,537 sq. ft.<br> Finished Basement: 1,675 sq. ft.<br> Curb cut for loading -pull up access <br> Private multiple cars driveway 23X100 sqft<br> Operating Costs: Common Charge: $1,410/mo | RE Taxes: $2,410/mo<br> Investment Potential: Projected Rental Income: $15,000/month | Conservative CAP Rate: 5.5%<br> Strategic Location & Development: Situated within walking distance of the highly anticipated Metropolitan Park—the multi-billion dollar casino and entertainment complex spearheaded by Mets owner Steve Cohen and Hard Rock.<br> The Corona/Willets Point area is undergoing its most significant transformation in decades. With 23,000 new jobs projected, the demand for local services (retail, dining, amenities) will skyrocket. This is the turning point for Corona: transitioning from a local neighborhood hub to a premier New York destination for tourists and professionals alike.</li></ul> | |
| Sale Notes | |
| Exclusive Opportunity: Mixed-Use Commercial Property with Turn-Key Business in Corona. Prime Investment Alert: An exceptional opportunity for owner-users seeking a "live-work" or "semi-retirement" lifestyle! Purchase this prime commercial real estate and take over a multi-million dollar business.<br> Property Highlights (Northern Blvd, Corona):<br> Total 3-Level Commercial Building <br> Ground Floor: 2,693 sq. ft. (Impressive 25'-38' storefront frontage) <br> Second Floor: 1,537 sq. ft.<br> Finished Basement: 1,675 sq. ft.<br> Curb cut for loading -pull up access <br> Private multiple cars driveway 23X100 sqft<br> Operating Costs: Common Charge: $1,410/mo | RE Taxes: $2,410/mo<br> Investment Potential: Projected Rental Income: $15,000/month | Conservative CAP Rate: 5.5%<br> Strategic Location & Development: Situated within walking distance of the highly anticipated Metropolitan Park—the multi-billion dollar casino and entertainment complex spearheaded by Mets owner Steve Cohen and Hard Rock.<br> The Corona/Willets Point area is undergoing its most significant transformation in decades. With 23,000 new jobs projected, the demand for local services (retail, dining, amenities) will skyrocket. This is the turning point for Corona: transitioning from a local neighborhood hub to a premier New York destination for tourists and professionals alike.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 50,005 SF | Typical Floor Size | 2,800 SF |
| Property Type | Multifamily (Condo) | Year Built | 1930 |
| Property Subtype | Apartment | Lot Size | 0.15 AC |
| Building Class | C | Parking Ratio | 0.71/1,000 SF |
| Floors | 7 | ||
| Zoning | R6A | ||
| Total Building Size | 50,005 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 7 |
| Typical Floor Size | 2,800 SF |
| Year Built | 1930 |
| Lot Size | 0.15 AC |
| Parking Ratio | 0.71/1,000 SF |
| Zoning | R6A |
Amenities
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Elevator
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 25 | - | 900 |
| 3+1 | 25 | - | 1,100 |
Exceptionally walkable
90/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
SunAmerica Realty Choice Inc
10607 Northern Blvd
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