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Six-Unit Apartment Building
For Sale
$999,000

11006 56th Avenue, Corona, NY 11368

Multifamily building with private parking, a cellar, and one-bedroom residences.

Property Size4,278 SF
Days on Market108

Property Features for 11006 56th Avenue

General Information

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

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
Buildings 1
Listing Agency: Compass Greater NY LLC
Listed By: Tong Tong Cheung
Source: Serhant
Added: May 18 Changed: Aug 29 Last Checked: Sep 2 at 12:51AM

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 multifamily property contains six apartments, each arranged as a one-bedroom, one-bathroom residence. The units are separately metered for electric, with tenants responsible for their own usage. A private parking spot and cellar add practical utility to the building.

The property is located at 11006 56th Avenue in Corona, NY 11368, steps from the Q58 bus and near local dining and shopping. The cellar carries a Medical Certificate of Occupancy, providing an existing occupancy designation for that area.

Key Highlights

  • Six apartment units, each with 1 bedroom and 1 bathroom
  • Tenants pay their own electric usage
  • Private parking spot included

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Auto Parts Store HVAC Service Gym & Fitness Center Catering Service

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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily building with private parking, a cellar, and one-bedroom residences.
Where is this apartment building located?
The property is located at 11006 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 apartment units, each with 1 bedroom and 1 bathroom; Tenants pay their own electric usage; Private parking spot included
More about this property
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