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Corona Multifamily Building For Sale

112-42 38th Avenue Corona, NY 11368

Claim this Listing
For Sale
$2,880,000

MULTI_FAMILY - Corona, NY

Property size:
5,294 SF
Lot size:
0.06 Acres
Price / SF:
$544/SF
Added:
Apr 15, 2026
Days on Market:
88
Last Refresh:
Jul 11 at 3:06 am

Property Features for 112-42 38th Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Rooms
Basement
Basement
Partial
Standard status
Active
APN
01785-0020
Size
5,294 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
47509

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Water source
Public

Building Details

Year built
2018
Number of units
8
Building materials
Brick

Listing agent Fenger Zou License #10401313262

Listing office E Realty International Corp 3907 Prince St Ste 4D, Flushing, NY

Listing date Apr 15, 2026

MLS# 985900

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This multifamily building in Corona, constructed in 2018, features R6 zoning. The property is not rent stabilized. The lot measures 25x100 feet, and the building size is 25x51 feet, totaling 5294 square feet. It comprises six 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. The building is equipped with 8 water meters, 8 gas meters, 9 electric meters, 8 boilers, and 8 heaters. There is a potential to convert the building into a condominium. The property is located two blocks from the Roosevelt 7 train, a supermarket, restaurants, and Citi Field.

Key Highlights

  • Built in 2018: Enjoy modern construction and potentially lower maintenance costs.
  • Eight Units: Includes six 2‑bedroom and two 1‑bedroom apartments.
  • No Rent Stabilization: Offers flexibility in setting rental rates.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Acupuncture Nursing Home Nursing Home Carpet & Flooring Store (Bike/Boat/Book/etc) Store Electrical Service Catering Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Eight-family building in Corona, built in 2018, near Roosevelt 7 train.
Where is this apartment building located?
The property is located at 112-42 38th Avenue Corona, NY.
What is the asking price?
The asking price for this property is $2,880,000.
What are key features of this property?
This property features: Built in 2018: Enjoy modern construction and potentially lower maintenance costs.; Eight Units: Includes six 2‑bedroom and two 1‑bedroom apartments.; No Rent Stabilization: Offers flexibility in setting rental rates.
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