Two-Dwelling Residential Income
111-27 38th Ave Queens, NY 11368
For Sale
$1,250,000
Two-dwelling home with finished basement, vacant spaces, and a currently rented 2nd-floor unit.
Days on Market48
Property Features for 111-27 38th Ave
General Information
Standard status
Active
Property subtype
Other
Building Details
Year Built
1910
Listing Agency:
WINZONE REALTY INC.
(917) 742-9681
Listed By:
Hsio Chu Chiu
(917) 742-9681
Source:
Elliman
Added: Jun 12
Changed: Jul 10
Last Checked: Jul 29 at 9:44AM
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 WINZONE REALTY INC.
Investment Insights
Based on property information with market context.
This residential income property is set on an R5A lot measuring 24.58 by 97, with a building footprint of approximately 20 by 47 and a noted 9-foot ceiling height. The two-dwelling layout includes an attic and a fully finished basement with a separate outside entrance (OSE), plus a first floor that is currently vacant. The second floor contains four bedrooms, a living room, an eat-in kitchen, and one bathroom and is currently rented at $2,200 per month. The attic has two electric meters and the property has two gas meters, supporting separate utility arrangements.
The property is located at 111-27 38th Ave in Corona, Queens. Public remarks indicate the building is configured for flexible use with vacant space available on the first floor and in the basement area, while the second-floor unit remains leased.
For tenants and owners, the existing layout provides on-site flexibility: a leased second-floor apartment alongside vacant first-floor and basement space that may support continued income, owner-occupancy, or reconfiguration depending on requirements. With multiple finished areas and a separate outside entrance to the basement, the property can accommodate different living arrangements within the same building.
The property is located at 111-27 38th Ave in Corona, Queens. Public remarks indicate the building is configured for flexible use with vacant space available on the first floor and in the basement area, while the second-floor unit remains leased.
For tenants and owners, the existing layout provides on-site flexibility: a leased second-floor apartment alongside vacant first-floor and basement space that may support continued income, owner-occupancy, or reconfiguration depending on requirements. With multiple finished areas and a separate outside entrance to the basement, the property can accommodate different living arrangements within the same building.
Key Highlights
- R5A lot size 24.58 x 97 with a 20 x 47 building
- 1910 two‑dwelling home with finished attic and a finished basement with outside separate entrance (OSE)
- Second‑floor unit includes 4 bedrooms, living room, eat‑in kitchen, and 1 bath; currently rented at $2,200/month
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-dwelling home with finished basement, vacant spaces, and a currently rented 2nd-floor unit.
Where is this duplex located?
The property is located at 111-27 38th Ave Queens, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: R5A lot size 24.58 x 97 with a 20 x 47 building; 1910 two‑dwelling home with finished attic and a finished basement with outside separate entrance (OSE); Second‑floor unit includes 4 bedrooms, living room, eat‑in kitchen, and 1 bath; currently rented at $2,200/month
