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Pre-War Six-Family Walk-Up
For Sale
$1,650,000

106-20 50th Avenue, Corona, NY 11368

Pre-war walk-up six-family building with one 1-bedroom and five 2-bedrooms, plus separate utility meters.

Property Size4,800 SF
Price / SF$1,031
Days on Market250

Property Features for 106-20 50th Avenue

General Information

Standard status Active
Size 4,800 SF
Property subtype Multi Family

Additional Details

Highway Access Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $23,538

Building Details

Building Size 4,800 SF
Year Built 1931
Listing Agency: Chase Global Realty Corp
Listed By: John Z. Liu CBR · License #10301223234
Source: Serhant
Added: Jan 6 Changed: Sep 8 Last Checked: Sep 12 at 8:29AM

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 Chase Global Realty Corp

Investment Insights

Based on property information with market context.

This legal six-family, pre-war walk-up apartment building is offered with one 1-bedroom unit and five 2-bedroom units. The property has been maintained and includes brand new windows and doors. Recent updates also include new gas heating and hot water systems, with separate utility meters for each unit.

The building is described as constructed with concrete and brick. The property is located in the center of the Corona area, with proximity to the #7 Train and major expressway access, and it is near everyday conveniences such as a supermarket, restaurants, drug store, and laundromat.

With a building size described as 20' x 80', the configuration provides a straightforward multifamily mix across the six apartments and utility setup for each unit.

Key Highlights

  • Pre‑war walk‑up 6‑family building built in 1931 (20' x 80')
  • Unit mix: 1 one‑bedroom and 5 two‑bedroom units
  • Brand new windows and doors

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Carpet & Flooring Store Garden Center Storage Facility

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

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,785
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Pre-war walk-up six-family building with one 1-bedroom and five 2-bedrooms, plus separate utility meters.
Where is this apartment building located?
The property is located at 106-20 50th Avenue Corona, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Pre‑war walk‑up 6‑family building built in 1931 (20' x 80'); Unit mix: 1 one‑bedroom and 5 two‑bedroom units; Brand new windows and doors
More about this property
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