98-07 37th Avenue
Corona, NY 11368
Full gut renovated, semi-detached all-brick 3-story property boasting a 20x60 building size on a 25x100 lot, plus a full basement with separate entrance.High-yield layout features 1 prime storefront, 5 spacious residential apartments (ALL 3-Bedroom units), and 3 detached garages. Features separate utilities with 5 gas meters and 6 electric meters. Every unit is equipped with its own in-unit washer and dryer, split-system A/C. Strong cash-flowing investment property generating $283,284 in gross annual income with low annual expenses of $37,460, delivering an impressive Net Operating Income (NOI) of $245,823 and a 6.5% CAP rate. 100% FREE MARKET. Unbeatable location just steps from the #7 subway train and multiple bus lines in a high-foot-traffic commercial corridor. Must see!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Basement: Full, Storage Space -
Interior Features
High Ceilings, Other -
Heating & Cooling
Has Heating: Yes Heating: Electric, Other Has Cooling: Yes Cooling: Electric, Multi Units
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Building Information
Year Built: 1930 Building Area Total: 3600 Construction Materials: Brick Private Pool: No
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Listing Price Information
Listing Price: $3780000
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Tax Information
Parcel Number: 01739-0033 Annual Tax: $17310
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Parking Information
Parking Total: 3 Detached, GarageGarage Information
Has Garage: Yes Garage Space: 3
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School Information
Elementary School: Ps 19 Marino JeantetJunior High School: Is 61 Leonardo Da VinciSenior High School: Newtown High School -
Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected -
Location Information
Direction: Google Maps WaterSource: Public
How much is this property worth?
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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 | -- | -- | -- | |
| 11006 56th Avenue, Corona, NY, 11368 | $999,000 | -- | -- | -- | |
| 54-14 111th Street, Corona, NY, 11368 | $3,950,000 | 16 | 8 | 8,652 | 8,652 SqFt |
| 10708 Otis Avenue, Corona, NY, 11368 | $1,190,000 | -- | -- | -- | |
| 111-73 43rd Avenue, Corona, NY, 11368 | $809,900 | 2 | 2 | -- | |
| 5005 108th Street, Corona, NY, 11368 | $1,190,000 | 7 | 2 | -- | |
| 5732 Xenia Street, Corona, NY, 11368 | $1,850,000 | 15 | 6 | -- | |
| 5507 103rd Street, Corona, NY, 11368 | $1,980,000 | -- | -- | -- | |
| 41-08 111th Street, Corona, NY, 11368 | $1,259,000 | -- | -- | -- | |
| 10475 48th Avenue, Corona, NY, 11368 | $1,288,000 | -- | -- | -- |
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ByOwner last updated this listing 08/20/2026 @ 19:29
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