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Six-Family Apartment Building
For Sale
$999,000

110-06 56th Avenue, Corona, NY 11368

One-bedroom residences include private parking and tenant-paid electricity, with access to nearby bus service, restaurants, and shopping.

Property Size4,278 SF
Price / SF$233.52
Days on Market188

Property Features for 110-06 56th Avenue

General Information

Standard status Active
Size 4,278 SF
Total Parking Spaces 1
Property subtype Multi Family

Units

Unit Mix 6 x 1BR/1BA
Multifamily Units 6

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $31,500

Building Details

Building Size 4,278 SF
Year Built 1972
Listing Agency: Compass Greater NY LLC
Listed By: Tong Tong Cheung
Source: Cbwarburg
Added: Feb 2 Changed: Aug 5 Last Checked: Aug 9 at 11:47AM

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 Compass Greater NY LLC

Investment Insights

Based on property information with market context.

Built in 1972, this 4,278-square-foot apartment building contains six residential units. Each apartment is configured with one bedroom and one full bathroom, providing a consistent layout throughout the property. A private parking spot is also included, while tenants handle their own electricity expenses.

The property is situated near the Q58 bus route, restaurants, and shopping in Corona, NY. Its six-unit configuration and uniform one-bedroom floor plans offer a straightforward multifamily format for ownership and management.

Key Highlights

  • Six‑family apartment building with 4,278 SF
  • Six units, each with one bedroom and one full bathroom
  • Built in 1972

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Hair Salon

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

Location Intelligence

Trade Area within ½ mile

1,638
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
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Frequently Asked Questions

What type of property is this?
Apartment building - One-bedroom residences include private parking and tenant-paid electricity, with access to nearby bus service, restaurants, and shopping.
Where is this apartment building located?
The property is located at 110-06 56th Avenue Corona, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Six‑family apartment building with 4,278 SF; Six units, each with one bedroom and one full bathroom; Built in 1972
More about this property
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