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98-07 37th Avenue

Corona, NY 11368
  • $3,780,000
  • STATUS: Active
  • MLS #: 1032756
UPDATED: 37 min ago
$3,780,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

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!

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© 2026 OneKey MLS. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-09-06T22:18:31.643.
www.thisoldhudsonrealestate.com/homes/179444455
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98-07 37th Avenue Corona, NY 11368

  • Price: $3,780,000
  • Status: Active
  • On Site: Days
  • Updated: 37 min ago
  • MLS #: 1032756
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1930
Built
Neighborhood:
New York
County:
Queens
Area:
New York
Elementary School:
Ps 19 Marino Jeantet
Middle School:
Is 61 Leonardo Da Vinci
High School:
Newtown High School
School District:
Queens24
Property Description
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!
Exterior Features

Construction Materials Brick Parking Features DetachedGarage Property Attached YN Yes Stories Total 1 Waterfront YN No

Interior Features

Basement Details FullSee RemarksStorage Space Basement YN Yes Cooling Multi Units Number Of Heating Zones 6

Property Features

Building Area Total 3600 Heating Electric Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 5 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 17310 Tax Source Municipality Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedTrash Collection PublicWater Connected Water Source Public

Listing courtesy of Xun Lin of New Group Realty Inc: 718-255-9100
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-09-06T22:18:31.643.
 
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This Old Hudson Team at Houlihan Lawrence
Hudson NY, 12534