7-Unit Apartment
For Sale
$2,099,999
102-18 Radcliff Avenue, Corona, NY 11368
Built in 2007, the property combines six one-bedroom residences with a single two-bedroom unit.
Property Size4,645 SF
Price / SF$452.10
Days on Market326
Property Features for 102-18 Radcliff Avenue
General Information
Standard status
Active
Size
4,645 SF
Property subtype
Commercial
Units
Unit Mix
6 x 1BR/1BA, 1 x 2BR/2BA
Multifamily Units
7
Additional Details
Cap Rate
5.5%
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$1,980
Building Details
Building Size
4,645 SF
Year Built
2007
Buildings
1
Stories
4
Units
7
Listing Agency:
Douglas Elliman Real Estate
(516) 627-2800
Listed By:
Lily Widjaja · License #10401272235
(718) 908-4999
Source:
Croninreale
Added: Dec 2, 2025
Changed: Oct 23
Last Checked: Oct 23 at 3:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate
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Investment Insights
Based on property information with market context.
The 4,645-square-foot apartment property was built in 2007 and contains seven units: six with one bedroom and one with two. The two-bedroom unit has two full baths, a living/dining area, and a kitchen; each one-bedroom unit includes a full bath, living room, and kitchen. Basement space includes a utility room, additional rooms, and a bath, with access to the backyard.
A subway station is a 10-minute walk away. Shopping, a laundromat, and highways are also nearby. The property is located at 102-18 Radcliff Avenue in Corona, New York.
A subway station is a 10-minute walk away. Shopping, a laundromat, and highways are also nearby. The property is located at 102-18 Radcliff Avenue in Corona, New York.
Key Highlights
- Seven apartments: six one‑bedroom units and one two‑bedroom unit
- 4,645 square feet; built in 2007
- Two‑bedroom unit includes two full baths, living/dining area, and kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,544
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,270,880
$2.3M
Cap Rate 7%
$1,622,057
$1.6M
Cap Rate 9%
$1,261,600
$1.3M
Market Conditions
NOI Build-Up for 4,645 SF
Gross rent
$214.6K $46.20/SF
− Vacancy
−$8.2K −$1.76/SF
EGI
$206.4K $44.44/SF
− OpEx
−$92.9K −$20.00/SF
NOI
$113.5K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,270,880
Cap Rate 7%
$1,622,057
Cap Rate 9%
$1,261,600
Alternative Uses
Best Use
Apartment 5plus
$1.62M
$1.42M – $1.89M
NOI $113,544 @ 7.0% cap · market cap 5.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.42M
$3.00M – $4.00M
NOI $239,704 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
3,991
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Built in 2007, the property combines six one-bedroom residences with a single two-bedroom unit.
Where is this apartment building located?
The property is located at 102-18 Radcliff Avenue Corona, NY.
What is the asking price?
The asking price for this property is $2,099,999.
What are key features of this property?
This property features: Seven apartments: six one‑bedroom units and one two‑bedroom unit; 4,645 square feet; built in 2007; Two‑bedroom unit includes two full baths, living/dining area, and kitchen
