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112-39 38ave Ave

Corona, NY 11368
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Bed 16

Bed

Bath 9

Bath

Located approximately five minutes from the subway, this legal eight-family property offers strong rental income and excellent long-term investment potential. Property Highlights: Legal 8-family building, Solid brick construction, built in 2006 Four stories Approximately 6,424 sq. ft. of building area Approximately 22 by 215 &73 ft. building dimensions Approximately 25 ft. lot frontage Each apartment features approximately 2 bedrooms and 1 bathroom Approximately 16 bedrooms and 9 bathrooms in total Full finished basement Backyard parking for approximately four vehicles Approximately six years remaining on the property-tax abatement Current total rental income: approximately $235,000 per year • Tenants pay all utilities and expenses • Easy-to-maintain all-brick construction • Approxima tely five minutes from the subway An excellent opportunity for long-term rental income, portfolio expansion, or a 1031 Exchange.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,680,000

AD Id : 91272212

MLS Id : 1050891

Beds : 16

Tax Amount : $1,120

Year Built : 2006

County : Queens

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Feature Features

  • Bedroom Information

    Total beds: 16

    Bathroom Information

    Total Baths: 9 Full Baths: 9

    Room Information

    Basement: Full
  • Heating & Cooling

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

  • Building Information

    Year Built: 2006 Building Area Total: 6424 Construction Materials: Brick Private Pool: No

  • Listing Price Information

    Listing Price: $2680000

  • Tax Information

    Annual Tax: $1120

  • Parking Information

    Parking Lot

  • School Information

    Elementary School: Ps 143 Louis Armstrong
    Junior High School: Corona Arts And Sciences Academy
    Senior High School: High School For Arts & Business
  • Utility Information

    Natural Gas Available, Natural Gas Connected
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
10307-09-11 Corona Avenue, Corona, NY, 11368 $3,488,888 -- -- -- --
54-14 111th Street, Corona, NY, 11368 $3,950,000 16 8 8,652 0.09 Acre
10405 Westside Avenue, Corona, NY, 11368 $1,650,000 13 6 -- 0.05 Acre
5915 Xenia Street, Corona, NY, 11368 $1,600,000 8 5 -- 0.05 Acre
111-83 43rd Avenue, Corona, NY, 11368 $1,078,000 -- -- -- --
111-73 43rd Avenue, Corona, NY, 11368 $809,900 2 2 -- --
111-55 43rd Ave Ave, Corona, NY, 11368 $1,500,000 8 5 -- --
111-21 44th Avenue, Corona, NY, 11368 $1,499,999 7 5 -- 0.05 Acre
111-16 43rd Avenue, Corona, NY, 11368 $1,199,000 4 3 -- --
5732 Xenia Street, Corona, NY, 11368 $1,848,000 15 6 -- 0.07 Acre

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 10/05/2026 @ 06:15

MLS: 1050891 LISTED BY: Li Xu, EXP Realty 888-276-0630 SOURCE: OneKey MLS

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