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Seven-Unit Brick Apartment Building
For Sale
$2,000,000

100-11 40th Road, Corona, NY 11368

Commercial Sale, Corona, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market161

Property Features for 100-11 40th Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning R6B
Parking 2
Parking features Parking Lot
Standard status Active
APN 01609-0038
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3095

Utilities

Heating system Baseboard
Cooling system Wall/Window Unit(s), Window Unit(s)

Building Details

Year built 2015
Floors in Building 4
Number of units 7
Building materials Brick
Listing Agency: Winzone Realty Inc
Listed By: Rebecca Fang · License #40FA1050916
Added: Mar 25 Changed: Aug 19 Last Checked: Sep 1 at 12:06AM
MLS# 976493

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This seven-unit apartment building in Corona was constructed in 2015 with brick exterior construction. The layout includes one 4.5-room first-floor unit with cellar space and six 3.5-room apartments across the second, third, and fourth floors. Heating is provided by baseboard systems, with wall or window air-conditioning units. A parking lot serves the property, which occupies approximately 0.0574 acres and is zoned R6B.

The property is near Flushing Meadows Park and Citi Field, with access to major transit options, shopping, restaurants, schools, and other transportation routes. Four years of tax abatement remain, adding a defined term to the existing multifamily ownership profile.

Key Highlights

  • Seven‑unit apartment building constructed in 2015
  • Brick construction with baseboard heating
  • One 4.5‑room first‑floor unit with cellar space plus six 3.5‑room units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

6,554
Businesses Nearby

Demographics for 11368, NY

117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - R6B-zoned multifamily property with a parking lot, tax abatement, and convenient access to transit and neighborhood services.
Where is this apartment building located?
The property is located at 100-11 40th Road Corona, NY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Seven‑unit apartment building constructed in 2015; Brick construction with baseboard heating; One 4.5‑room first‑floor unit with cellar space plus six 3.5‑room units
More about this property
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