5507 103rd Street, Corona, NY, 11368
About This Home
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.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1931
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Features
- High Speed Internet
Heating & Cooling
- Heating features: Hot Water
- Cooling features: Electric
Interior Area
- Total structure area: 4,250
- Total interior livable area: 4,250 sqft
Property
Details
- Parcel number: 019440030
- Special condition: None
Lot
- Lot size: 3,155 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Inland Flooding
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Queens County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $11,023 | $132,276 |
| Home Insurance * | $616 | $7,392 |
| Property Taxes | $1,362 | $16,344 |
| Electricity | $702 | $8,428 |
| Total | $13,703 | $164,436 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-15 | Price change | $2,180,000 |
| 2025-04-24 | Listed for sale | $2,280,000 |
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