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    53-37 97Th St Corona, NY 11368

    For Sale
    $2,180,000

    MULTI_FAMILY - Colonial - Corona, NY

    Lot size:
    0.05 Acres
    Days on Market:
    21
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 53-37 97Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bedroom 1, Bathroom 3, Bathroom 5, Bedroom 3, Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 4
    Bedrooms
    4
    Bathrooms
    5
    APN
    01897-0011
    Parking
    2
    Parking features
    Driveway
    Interior features
    Eat-in Kitchen, Storage
    Lot size
    0.05 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1985
    Number of units
    1
    Building materials
    Brick
    Architectural style
    Colonial
    Additional Structures
    Storage

    City Homes Realty Group LLC (718) 451-6124 [email protected]

    Listing agent Segundo F. Agudo CBR E-PRO

    Listing date Nov 15, 2025

    MLS# 917084 Listing URL

    Copyright © 2025 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.

    Overview

    Renovated Vacant Multifamily Building

    This renovated 5-family brick building is located in Queens. The building is completely vacant. The layout includes a studio and a 1-bedroom apartment on the first floor, a 3-bedroom, 2-bath apartment on the second floor, and two 1-bedroom apartments on the third floor, one in the front and one in the rear. The third floor features front and rear balconies. The property includes two private parking spaces. Tenants are responsible for their own utilities. The property is located near Queens Center Mall, restaurants, and schools, with access to I-495. The lot size is 0.0459 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Queens
    State
    New York
    Longitude
    -73.864634
    Latitude
    40.739329

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    FAQs

    What type of property is this?
    Apartment building - Renovated 5-family building in Queens, vacant and ready.
    Where is this apartment building located?
    The property is located at 53-37 97Th St Corona, NY.
    What is the asking price?
    The asking price for this property is $2,180,000.
    What are key features of this property?
    This property features: - Completely vacant 5-family brick building: Ready for immediate occupancy and income generation.; - High income potential: Five units provide multiple income streams.; - Tenants pay their own utilities: Low-maintenance investment with reduced owner expenses.
    (718) 255-9888
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    53-37 97Th St Corona, NY 11368
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    53-37 97Th St Corona, NY 11368
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