Active

99-04 57th Avenue #L1

Corona, NY 11368
Mark as Favorite
Bed 2

Bed

Bath 1

Bath

SqFt1,236

Sqft

A rare opportunity doesn't begin to cover it. (*Office Space*)Unit #LH at 9904 57th Avenue is one of the only commercial dental and medical co-op units available for purchase anywhere in Corona, Queens. After an exhaustive search across every major real estate platform, no comparable active listings or closed sales were found in the surrounding market. When something like this comes up, it doesn't sit long. The unit spans 1,236 square feet across 7 professionally configured rooms — multiple treatment operatories, a welcoming patient waiting area, dedicated reception and front desk, closet, and two bathrooms. Front and rear entry doors give you full control over patient flow. The space has been operating continuously as a dental practice for over 30 years and has been meticulously maintai ned throughout. Walk in on day one and see patients on day two. The building matches the professionalism of the practice. The Jefferson is a full-service, multi-story building on a corner lot with a doorman, concierge, live-in superintendent, modern elevator banks, and a cellar-level indoor parking garage — a genuine asset for patients driving in from across Queens and beyond. The location is exactly what a medical practice needs. Situated in the heart of Corona with direct access to the Long Island Expressway and Grand Central Parkway, surrounded by major MTA transit lines, and steps from one of the most densely populated and medically underserved communities in the borough. The demand is already there. The infrastructure is already built. All that's missing is you. The financials make a compelling case on their own. Independently appraised at $648,000 by Amsterdam Appraisal Services Inc. in May 2026 and listed at $599,000 — that's $49,000 below certified appraised value, and instant equity from the moment you close. At a market lease rate of $42 per square foot triple-net, the unit supports $51,912 in annual gross income and an 8.7% cap rate on the asking price. For an investor, those numbers are hard to find on a stabilized medical asset anywhere in New York City right now. For a dentist or physician ready to stop writing rent checks and start building real equity, this is the clearest path available in Queens today. The owner holds 570 shares in Sherwood Owners Corp. Monthly maintenance is $940.39, with real estate taxes included. Purchase is subject to co-op board approval. Co-op financing is available through select lenders with standard equity requirements of 20%. Cash buyers are welcome and preferred. Contact the listing agent to schedule a private showing. 24-hour notice required.

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Detail Ic Property Details

Property Type : Residential

Price : $599,000

AD Id : 88210979

MLS Id : 1028486

Beds : 2

Living Area Size : 1,236

Year Built : 1962

County : Queens

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 7
  • Interior Features

    Other Appliances: Other
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Other Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1962 Construction Materials: Brick Private Pool: No

  • Listing Price Information

    Listing Price: $599000

  • Tax Information

    Parcel Number: 01945-0001-00099-004-00000L1

  • School Information

    Elementary School: Elm Tree Elementary School
    Junior High School: Is 61 Leonardo Da Vinci
    Senior High School: High School For Arts & Business
  • Utility Information

    Natural Gas Available, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5751 Van Doren Street, Corona, NY, 11368 $980,000 3 2 1,620 1,620 SqFt
59-30 108th Street Stre.., Corona, NY, 11368 $329,000 1 1 750 750 SqFt
59-30 108th Street #2PP, Corona, NY, 11368 $438,888 2 2 1,000 1,000 SqFt
11021 55th Avenue, Corona, NY, 11368 $1,700,000 7 5 --
109-15 Westside Avenue .., Corona, NY, 11368 $468,000 2 2 734 734 SqFt
55-14 Van Cleef Street St, Corona, NY, 11368 $1,128,000 7 3 2,264 2,264 SqFt
59-21 Calloway Street #4T, Corona, NY, 11368 $358,000 3 1 850 850 SqFt
111-33 42nd Avenue, Corona, NY, 11368 $1,450,000 6 6 2,229 2,229 SqFt
99-10 60th Avenue #2L, Corona, NY, 11368 $145,000 -- 1 504 504 SqFt
99-10 60th Avenue #5F, Corona, NY, 11368 $225,000 1 1 825 825 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 07/21/2026 @ 08:28

MLS: 1028486 LISTED BY: Edward CBR, Winzone Realty Inc 718-899-7000 SOURCE: OneKey MLS

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