Corona Home with Development
For Sale
$1,019,000
Pending
112-50 38th Ave, Queens, NY 11368
Single-family home on a 25 x 100 lot in Corona.
Property SizeContact for details
Lot Size0.06 Acres
Days on Market255
Property Features for 112-50 38th Ave
General Information
Standard status
Pending
Lot size
0.06 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$5,116
Listing Agency:
Realty Executives Today
(917) 968-5619
Listed By:
Martin A. Dabao
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:45PM
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 Realty Executives Today
Investment Insights
Based on property information with market context.
Located in Corona, this single-family home presents an opportunity with both property and lot value. The property is situated on a 25 x 100 lot, featuring a building size of 25 x 38. Zoned R6 with a Floor Area Ratio (FAR) of 2.43, the zoning provides approximately over 6,000 square feet of usable floor area. The existing layout includes four bedrooms and two bathrooms. An unfinished basement is present, along with a nicely sized backyard. A driveway is included. The property offers development or expansion potential for builders, investors, or end-users. The property is located 1.5 miles from LaGuardia Airport and under 1 mile to Grand Central Parkway, providing access to transportation routes, shopping, schools, and public transit. The property needs TLC and updates.
Key Highlights
- Excellent development/expansion potential due to R6 zoning and FAR of 2.43 (over 6,000 sq ft usable floor area).
- Prime location in high‑demand Corona neighborhood with easy access to Grand Central Parkway and LaGuardia Airport.
- Large 25 x 100 lot with existing single‑family home.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,471
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Single-family home on a 25 x 100 lot in Corona.
Where is this residential land & home lot located?
The property is located at 112-50 38th Ave Queens, NY.
What is the asking price?
The asking price for this property is $1,019,000.
What are key features of this property?
This property features: Excellent development/expansion potential due to R6 zoning and FAR of 2.43 (over 6,000 sq ft usable floor area).; Prime location in high‑demand Corona neighborhood with easy access to Grand Central Parkway and LaGuardia Airport.; Large 25 x 100 lot with existing single‑family home.
