For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Modern Three-Family House in Corona Title is generated by Realmo AI

    99-18 Corona Avenue, Corona, NY 11368

    View on Map
    Claim this Listing
    Pending
    $1,495,000

    MULTI_FAMILY - Modern - Corona, NY

    Property size:
    4,480 SF
    Lot size:
    0.04 Acres
    Added:
    Mar 22, 2026
    Days on Market:
    81
    Last Refresh:
    Jun 10 at 3:06 am

    Property Features for 99-18 Corona Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    9
    Bathrooms
    4
    Rooms
    Bedroom 3, Bedroom 4, Bedroom 9, Bathroom 1, Bedroom 5, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 2, Basement, Bedroom 8, Bathroom 3, Bedroom 1, Bedroom 7
    Parking
    2
    Parking features
    Carport, Driveway
    Interior features
    First Floor Bedroom, First Floor Full Bath, Breakfast Bar, Chandelier, Eat-in Kitchen
    Fencing
    Chain Link
    Basement
    Full, Walk-Out Access, Finished
    Standard status
    Pending
    APN
    01926-0008
    Size
    4,480 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    829

    Utilities

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

    Building Details

    Year built
    2004
    Number of units
    3
    Flooring type
    Hardwood
    Building materials
    Brick
    Architectural style
    Modern

    We can help!

    Listing Contact
    Roger Liu

    Listing agent Roger Liu

    Listing office Century Homes Realty Group LLC 3436 Union St Ste 201, Flushing, NY

    Listing date Mar 22, 2026

    MLS# 975018 Listing URL

    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.

    HighLights

    • Legal 3‑family house with 9 beds and 4 baths, offering potential for high rental income.
    • Property can be delivered vacant, offering immediate occupancy or rental opportunities.
    • Large living space: 4480 sqft plus an Outside Entrance (OSE) basement.
    • Private driveway for convenient parking.
    • Unique 3rd unit: a duplex with a balcony, eat‑in kitchen, 3 beds, 2 baths, and a terrace.
    • Relatively new construction (built in 2004).

    Overview

    This is a legal three-family house constructed in 2004. The property features a total of nine beds and four baths. The building has 4480 square feet of livable space, plus an outside entrance basement. The property includes a private driveway. The basement has an outside entrance and contains three sets of boilers and hot water tanks. The first and second floor units have an identical layout, featuring an open living room, dining room, and kitchen, along with three beds and one bath. The third unit is a duplex spanning the third and fourth floors. The living room of this unit opens from the third floor to the fourth floor ceiling and includes a balcony, an eat-in kitchen, three beds, two baths, and a terrace. The owner pays for water. The property can be delivered vacant and is being sold "AS IS." It is located in Corona, NY.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $207.0k $46.20
    − Vacancy −$7.9k −$1.76
    EGI $199.1k $44.44
    − OpEx −$89.6k −$20.00
    NOI $109.5k $24.44
    4,480 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.56M
    $1.37M – $1.83M (±1% cap)
    NOI $109,511 @ 7.0% cap · market cap 7.33%
    Second Best
    Multifamily LT 5
    $1.06M
    $926.9K – $1.24M (±1% cap)
    NOI $74,151 @ 7.0% cap · market cap 4.96%
    Theoretical Best
    Office A
    $3.30M
    $2.89M – $3.85M (±1% cap)
    NOI $231,190 @ 7.0% cap · market cap 15.46%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Queens
    State
    New York
    Longitude
    -73.862662
    Latitude
    40.744229

    FAQs

    What type of property is this?
    Triplex - Legal three-family house built in 2004 with nine beds.
    Where is this triplex located?
    The property is located at 99-18 Corona Avenue Corona, NY.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: Legal 3‑family house with 9 beds and 4 baths, offering potential for high rental income.; Property can be delivered vacant, offering immediate occupancy or rental opportunities.; Large living space: 4480 sqft plus an Outside Entrance (OSE) basement.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message