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Brick Walk-Up Apartment Building
For Sale
$2,390,000

38-19 99th Street, Corona, NY 11368

MULTI_FAMILY - Corona, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market117

Property Features for 38-19 99th Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Basement Finished, Full
Elementary school Contact Agent
Middle school Is 61 Leonardo Da Vinci
High school Newtown High School
Elementary school district Contact Agent
Middle school district Queens24
High school district Queens24
Standard status Active
APN 01765-0027
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6098

Utilities

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

Building Details

Year built 2005
Floors in Building 4
Number of units 9
Building materials Brick
Listing Agency: Lin Pan Realty Group LLC
Listed By: Qian Huang
Added: Apr 16 Changed: Aug 2 Last Checked: Aug 10 at 5:06PM
MLS# 986275

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.

38-19 99th Street, Corona, NY 11368 presents a four-story brick walk-up apartment building built in 2005. The property is fully occupied and includes seven rent-stabilized residential units, along with two community facility units currently used as a religious center and a professional herbal treatment center.

Operational features include individual gas and electric meter(s) and sprinklers throughout, with natural gas heating. Cooling is provided via window unit(s). Water service is public and sewer is public sewer.

The building is located in the heart of Corona, just a short walk from Roosevelt Avenue, with easy subway access nearby for convenient commuting to Manhattan and Flushing. The current rent-stabilized residential mix and the two established community facility uses support steady occupancy in this investment setting, presented with a stated 6.25% cap rate.

Key Highlights

  • Four‑story brick walk‑up apartment building built in 2005
  • Fully occupied with seven rent‑stabilized residential units
  • Two additional community facility units used as a religious center and herbal treatment center

Property Analytics

Current Use

Churches & religious facilities

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Hair Salon

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

100%
Occupancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

5,556
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?
Apartment building - Four-story brick walk-up with rent-stabilized apartments and community facility units, fully occupied at a 6.25% cap rate.
Where is this apartment building located?
The property is located at 38-19 99th Street Corona, NY.
What is the asking price?
The asking price for this property is $2,390,000.
What are key features of this property?
This property features: Four‑story brick walk‑up apartment building built in 2005; Fully occupied with seven rent‑stabilized residential units; Two additional community facility units used as a religious center and herbal treatment center
More about this property
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