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$1,580,000
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Property Description
Incredible Opportunity to own a Mix use building featuring retail store front plus one residential unit asset located in prime Corona. All tenants own the separate gas meters & electric meters. Lower property tax $5613. Income rate is over 5%. The first floor restaurant $4775 (3% increase per year, lease end on 2029) 2nd floor $2400 (Four bedroom two bath) no lease. Full finished basement. the owner pay 35% property tax, Water bill $300/per Quarter, and insurance $4000 per/year. Building size 24x42 zoning R6B, C2-3.
Full Property Details
Full Property Details for 106-16 Corona Ave.
General
- Price: $1,580,000
- Taxes: $5,613
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 892882
- Updated: 8/9/2025
- Added to Site: 178 day(s) ago
Location
- County: Queens
- Driving Directions: Google Maps
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Full Basement
- Building Size: 2016
- Square Feet: 2,016
- Year Built: 1920
Financial Considerations
- Tax Amount: $5,613
Disclosures and Reports
- Special Conditions: None
Listed by New Group Realty Inc
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Schools
Schools serving 106-16 Corona Ave.
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Is 61 Leonardo Da Vinci 98-50 50th Ave, Queens, NY 11368 | 6-8 | 0.3 mi |
John Bowne High School 63-25 Main St, Queens, NY 11367 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 106-16 Corona Ave.
Date
Details
Price
Change
Source
7/23/2025
Listed
$1,580,000
135.82%
MLS
3/07/2014
Sold
$670,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 106-16 Corona Ave.
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,613
1%
$27,946
-46%
2024
$5,563
6%
$52,020
99%
2023
$5,253
5%
$26,154
-39%
2022
$5,013
2%
$42,660
8%
2021
$4,901
-1%
$39,480
-17%
2020
$4,929
1%
$47,340
-5%
2019
$4,885
17%
$49,800
128%
2017
$4,193
—
$21,795
6%
2017
$4,193
8%
$20,571
6%
2016
$3,880
2%
$19,407
—
2015
$3,795
226%
$19,407
1%
2014
$1,165
19%
$19,233
6%
2013
$975
—
$18,163
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 106-16 Corona Ave.
106-16 Corona Ave, Corona, NY 11368 (MLS# 892882) is a Commercial property. 106-16 Corona Ave is currently listed for $1,580,000 and was received on July 23, 2025. Want to learn more about 106-16 Corona Ave? Do you have questions about finding other Commercial real estate for sale in Corona? You can browse all Corona real estate or contact a Coldwell Banker agent to request more information.

