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5005 108th Street

Corona, NY 11368
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Bed 7

Bed

Bath 2

Bath

Acres0.04

Acre(Lot)

Excellent opportunity to own a legal two-family home in a prime Corona location. Ideal for both end-users and investors, this property offers strong income potential, low holding costs, and future upside. Situated on a 17 x 100 lot with a 17 x 50 building size, and located in an R6B zoning district, this property offers potential for extension or future redevelopment opportunities. Annual property tax is only $7,045. The home is configured with separate utilities, including 3 electric meters, 2 gas meters, and separate boilers, making management more efficient and flexible. The first floor features 3 bedrooms and 1 bathroom, with direct access to the backyard, and will be delivered vacant. Estimated rental income is approximately $3,000/month. The second floor offers 4 bedrooms and 1 bathr oom, currently rented for $3,000/month, and can be delivered vacant if needed. There is also a full basement with generous space, offering flexible use. Current return is approximately 5%, making this an attractive option for investors. Whether you choose to live in one unit and collect rental income from the other, or fully maximize the property as an investment, this home offers excellent versatility. Conveniently located near supermarkets, restaurants, and shops, with easy access to the 7 train, major highways, Corona Park, Costco, and LaGuardia Airport. A rare find in Corona with low taxes, dual rental income, and expansion potential.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,190,000

AD Id : 77041646

MLS Id : 984600

Beds : 7

Lot Size : 0.04 Acre

Year Built : 1925

County : Queens

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Basement: Finished, Full
  • Interior Features

    Other
  • Heating & Cooling

    Has Heating: Yes Heating: Hot Water, Oil, Other Cooling: None

  • Building Information

    Year Built: 1925 Building Area Total: 1600 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Size Acres: 0.0383 Lot Size Square Feet: 1667

  • Listing Price Information

    Listing Price: $1190000

  • Tax Information

    Parcel Number: 02006-0097 Annual Tax: $7045.48

  • Parking Information

    No Garage, None

  • School Information

    Elementary School: Ps 14 Fairview
    Junior High School: Is 61 Leonardo Da Vinci
    Senior High School: High School For Arts & Business
  • 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 06/04/2026 @ 08:44

MLS: 984600 LISTED BY: Sophia Yao, Chase Global Realty Corp 718-355-8788 SOURCE: OneKey MLS

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