112-39 38ave, Corona, NY 11368

Corona
Local realty services provided by:ERA Insite Realty Services
112-39 38ave,Corona, NY 11368
$2,680,000
  • 16 Beds
  • 9 Baths
  • 6,424 sq. ft.
  • Multi-family
  • Active
Listed by: li h. xu
Office: exp realty
MLS#:1050891
Source:OneKey MLS

Price summary

  • Price:$2,680,000
  • Price per sq. ft.:$417.19

About this home

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 • Approximately five minutes from the subway An excellent opportunity for long-term rental income, portfolio expansion, or a 1031 Exchange.

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Home facts

  • Year built:2006
  • Listing ID #:1050891
  • Added:11 day(s) ago
  • Updated:September 28, 2026 at 12:21 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:9
  • Full bathrooms:9
  • Basement:Yes
  • Basement Description:Full
  • Living area:6,424 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:2006
  • Building area:6,424 sq. ft.
  • Construction Materials:Brick

Schools

  • High school:High School For Arts & Business
  • Middle school:Corona Arts And Sciences Academy
  • Elementary school:Ps 143 Louis Armstrong

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,680,000
  • Price per sq. ft.:$417.19
  • Tax amount:$1,120 (2026)

Parking

  • Parking description:Parking Lot
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