55-04 102 STREET · #1

Brand-New 7-Family Investment Property in Corona, Queens High Rental Income + Rare Tax Abatement Opportunity Investors — Don’t Miss This Rare Income-Producing Opportunity! Located in the highly desirable neighborhood of Corona, Queens, this brand-new 7-family building Property Highlights ✔ Reinforced concrete & steel construction ✔ Premium finishes: hardwood flooring + marble countertops ✔ Brand-new central HVAC system ✔ New fire safety system throughout ✔ 8 electric meters + 7 gas meters for easy management ✔ 4 above-ground levels + full finished basement ✔ Separate entrances for enhanced privacy and flexibility Property Size Lot Size: 25 × 100 Approx. 1,500 SF per floor Unit Layout 7 Residential Units ▪ 1st Floor: 2BR / 1 Living Room / 2 Baths   Can be combined with basement duplex ▪ 2nd Floor: Front & Rear Units   Each currently configured as 1BR / 1 Bath   Potential conversion to 2BR units ▪ 3rd & 4th Floors: Same Front/Rear Layout   Each 1BR / 1 Bath with double balconies   Potential conversion to 2BR units ▪ Finished Basement:   Entertainment / recreation space with separate entrance Estimated Annual Rental Income: Up to $230,000+ Prime Location & Transportation Close to the subway station Convenient access to Q58 / Q98 / Q14 bus lines Easy commute to Flushing and Manhattan Strong Investment Value ✨ Rare 35-Year Tax Abatement ✨ Low holding costs ✨ Strong cash flow and excellent rental returns Located in a rapidly growing neighborhood with strong appreciation potential. Future developments in the area are expected to continue driving both property values and rental demand upward. Rare New Construction 7-Family Building Perfect for both investors and owner-users seeking long-term value and stable income.

1. price decreaseMay 12, 2026

   $3.15M-1.3%
   Price decreased 1%
2. listedMay 4, 2026

   $3.19M
   Listed by Winzone Realty Inc