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Two-Dwelling Duplex with Finished Basement
For Sale
$1,250,000
Pending

111-27 38th Avenue, Corona, NY 11368

Residential Income, Corona, NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market86

Property Features for 111-27 38th Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Basement, Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 7, Bathroom 4, Bathroom 1, Bedroom 5, Bedroom 8, Bedroom 1, Bathroom 2
Parking 2
Basement Full
Elementary school Ps 143 Louis Armstrong
Middle school Is 61 Leonardo Da Vinci
High school High School For Arts & Business
Elementary school district Queens 24
Middle school district Queens24
High school district Queens24
Standard status Pending
APN 01781-0031
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 8360

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1910
Number of units 2
Flooring type Hardwood
Building materials Frame
Architectural style Colonial
Listing Agency: Winzone Realty Inc
Listed By: Hsio Chu Chiu
Added: Jun 9 Changed: Aug 20 Last Checked: Sep 2 at 4:06PM
MLS# 857570

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 two-dwelling duplex at 111-27 38th Avenue includes a finished basement with its own exterior entrance, along with a vacant first-floor unit. The second floor contains four bedrooms, a living room, an eat-in kitchen, and one bathroom, and is currently rented. An attic and additional bathrooms are also part of the configuration.

The lot measures 24.58 x 97, with a building footprint of 20 x 47. The property is located near 111th Street and 38th Avenue in Corona and carries R5A zoning. Frame construction dates to 1910, with hardwood flooring, natural-gas heating, wall or window unit cooling, public water, and public sewer. The building has two electric meters and two gas meters.

Key Highlights

  • Two‑dwelling duplex with a finished basement and separate outside entrance
  • R5A zoning on a 24.58 x 97 lot
  • 20 x 47 frame building constructed in 1910

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nursing Home Garden Center Parking Lot & Garage Hotel & Motel Pet Grooming Service Real Estate Agency

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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,845
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - R5A-zoned property with a separate-entry basement and individual electric and gas meters.
Where is this duplex located?
The property is located at 111-27 38th Avenue Corona, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two‑dwelling duplex with a finished basement and separate outside entrance; R5A zoning on a 24.58 x 97 lot; 20 x 47 frame building constructed in 1910
More about this property
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