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Renovated 5-Family Apartment Building
For Sale
$1,780,000

5337 97th Street, Corona, NY 11368

Residential Income, Corona, NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market49

Property Features for 5337 97th Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 7
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 5, Bedroom 7, Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 6, Bathroom 1, Bathroom 5, Bathroom 4, Bathroom 2, Basement, Bathroom 3, Bedroom 1, Bedroom 3
Parking features Driveway
Interior features First Floor Bedroom, First Floor Full Bath
Basement Finished, Full
Elementary school Contact Agent
Middle school Call Listing Agent
High school Contact Agent
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Standard status Active
APN 01897-0011
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 32892

Utilities

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

Amenities

balcony

Building Details

Year built 1985
Number of units 5
Building materials Brick
Listing Agency: RE/MAX 1st Choice · RE/MAX International
Listed By: Gina Back · License #309A0944498
Added: Jul 15 Changed: Aug 20 Last Checked: Sep 1 at 8:06AM
MLS# 1026674

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 renovated brick apartment building contains five residential units and is currently vacant. The configuration includes a first-floor studio, a first-floor rear one-bedroom apartment, a second-floor three-bedroom, two-bath apartment, and two additional one-bedroom apartments on the third floor. The property also includes first-floor bedroom and full-bath features, along with front and rear third-floor balconies.

Built in 1985, the building occupies 0.0459 acres and provides two private parking spaces through its driveway. Heating is supplied by natural gas, while cooling is provided by window or wall/window units. Public water and public sewer serve the property. The address is 5337 97th Street in Corona, Queens, near Queens Center Mall, restaurants, and schools, with access to I-495.

Key Highlights

  • Renovated five‑unit brick apartment building offered vacant
  • Unit mix includes studio, one‑bedroom, and three‑bedroom, two‑bath apartments
  • Two private parking spaces provided via driveway

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Hotel & Motel Gym & Fitness Center Auto Parts Store Nursing Home

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

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,667
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 - Vacant brick property with multiple apartments, private driveway parking, and third-floor balconies.
Where is this apartment building located?
The property is located at 5337 97th Street Corona, NY.
What is the asking price?
The asking price for this property is $1,780,000.
What are key features of this property?
This property features: Renovated five‑unit brick apartment building offered vacant; Unit mix includes studio, one‑bedroom, and three‑bedroom, two‑bath apartments; Two private parking spaces provided via driveway
More about this property
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