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Apartment Building with Rooftop Telecom Lease
For Sale
$3,800,000

10114 39th Avenue, Corona, NY 11368

MULTI_FAMILY - Corona, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market148

Property Features for 10114 39th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R6B
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 01770-0020
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11457

Utilities

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

Building Details

Year built 2012
Number of units 8
Building materials Brick
Listing Agency: Lin Pan Realty Group LLC
Listed By: Qian Huang
Added: Mar 16 Changed: Aug 2 Last Checked: Aug 10 at 3:06PM
MLS# 972156

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.

Located at 10114 39th Avenue in Corona, this well-maintained mixed-use apartment building was built in 2012 and constructed with brick. The property includes one medical office on the ground floor and seven residential units, all one-bedroom. Each residential floor is arranged with two one-bedroom units, totaling six one-bedroom apartments across the second through fourth floors, plus one 1-bedroom unit on the first floor.

A rooftop lease is currently in place with a telecommunications company, creating an additional income stream. The property is situated on a 0.0574-acre lot and is served by public water and public sewer. Heating is provided by natural gas, and cooling is by window unit(s) and wall/window unit(s).

The property is zoned R6B and has an indicated capitalization rate of 6.42%.

Key Highlights

  • 0.0574‑acre lot with brick construction, built in 2012
  • Ground‑floor medical office plus seven residential one‑bedroom units
  • Two one‑bedroom units per residential floor across the second through fourth floors

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Acupuncture Carpet & Flooring Store

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

1
Office units
7
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,204
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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Mixed-use building with a ground-floor medical office, seven one-bedroom apartments, and a rooftop telecommunications lease.
Where is this apartment building located?
The property is located at 10114 39th Avenue Corona, NY.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: 0.0574‑acre lot with brick construction, built in 2012; Ground‑floor medical office plus seven residential one‑bedroom units; Two one‑bedroom units per residential floor across the second through fourth floors
More about this property
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