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Duplex with Walk-Out Basement
For Sale
$999,000

47-40 98th Place, Corona, NY 11368

Residential Income, Corona, NY

Property SizeContact for details
Lot Size0.04 Acres
Days on Market88

Property Features for 47-40 98th Place

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bathroom 1, Basement, Bedroom 4, Bedroom 5, Bedroom 1, Bedroom 6, Bedroom 2
Parking features Driveway
Basement Walk-Out Access, Finished
Elementary school Ps 110
Middle school Is 61 Leonardo Da Vinci
High school John Bowne High School
Elementary school district Queens 24
Middle school district Queens24
High school district Queens 25
Standard status Active
APN 01881-0023
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7614

Utilities

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

Building Details

Year built 1925
Number of units 2
Building materials Aluminum Siding
Listing Agency: EXP Realty
Listed By: Chun Ye RENE SRS PSA SFR C2EX · License #10301222257
Added: Jun 2 Changed: Aug 20 Last Checked: Aug 28 at 9:06PM
MLS# 1007819

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 1925 duplex in Corona includes two residential units with distinct layouts. The first unit offers two bedrooms with flexibility for an additional bedroom, while the second contains three bedrooms. A finished walk-out basement adds two rooms and two full bathrooms, with its own separate entrance for flexible household or workspace use.

The property occupies 0.0436 acres at 47-40 98th Place in Corona, Queens. A private driveway provides off-street parking. Aluminum siding, baseboard heating, wall and window unit cooling, public water, and public sewer are in place. The home is situated near transit, shopping, and neighborhood amenities.

Key Highlights

  • Two‑family duplex with 2‑bedroom and 3‑bedroom unit layouts
  • Finished walk‑out basement with 2 rooms and 2 full bathrooms
  • Separate basement entrance supports flexible use

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

4,498
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?
Duplex - Two residential units are paired with a separately accessed finished lower level and private driveway parking.
Where is this duplex located?
The property is located at 47-40 98th Place Corona, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two‑family duplex with 2‑bedroom and 3‑bedroom unit layouts; Finished walk‑out basement with 2 rooms and 2 full bathrooms; Separate basement entrance supports flexible use
More about this property
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