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104-37 37th Road

Corona, NY 11368
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Bed 11

Bed

Bath 7

Bath

Excellent investment opportunity in the heart of Corona, Queens! This 2004-built, well-maintained 4-family property offers approximately 4,480 SF of total building area, with each floor approximately 1,120 SF, and strong, stable rental income. The property consists of 4 residential units: • 1 Two-Bedroom / 1 Bath unit • 3 Three-Bedroom / 2 Bath units Additionally, the basement is fully finished. Total rental income is $11,200/month, approximately $134,400/year. All tenants are long-term, stable, and well-qualified. Property comes with 5 years remaining on tax abatement, significantly reducing carrying costs. Current property tax is $150/month, or $1,800/year. Water expense is $1,350 every 3 months, and garbage expense is $200/month. Tenants pay their own electricity and gas; landlord is responsible for water, property tax, and garbage only, keeping operating expenses low. Conveniently located just 5 minutes’ walk to the 7 Train station, offering easy access to Flushing and Manhattan. Close to shopping, schools, and neighborhood amenities. This is a turnkey investment — sold with all tenants in place as a package deal, as-is. No vacancies. Ideal for investors seeking immediate cash flow and long-term appreciation. A rare high-income-producing 4-family opportunity in Corona — don’t miss it!

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,788,000

AD Id : 75621441

MLS Id : 965014

Beds : 11

Year Built : 2004

Garage : 1

County : Queens

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Feature Features

  • Bedroom Information

    Total beds: 11

    Bathroom Information

    Total Baths: 7 Full Baths: 7

    Room Information

    Basement: Finished, Full, Walk-Out Access
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Natural Gas Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 2004 Building Area Total: 4480 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Dimensions: 22.17 x 100 Lot Size Square Feet: 2217

  • Listing Price Information

    Listing Price: $1788000 Original Price: $1999999

  • Tax Information

    Parcel Number: 01771-0027 Tax Lot: 27 Tax Block: 1771 Annual Tax: $1800

  • Parking Information

    Driveway, Garage

    Garage Information

    Has Garage: Yes Garage Space: 1

  • School Information

    Elementary School: Ps 143 Louis Armstrong
    Junior High School: Is 61 Leonardo Da Vinci
    Senior High School: Voyages Preparatory
  • Utility Information

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

    WaterSource: Public
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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 06/05/2026 @ 22:54

MLS: 965014 LISTED BY: Lei Qiu, Chase Global Realty Corp 718-355-8788 SOURCE: OneKey MLS

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