Four-Story Walk-Up Multifamily
For Sale
Contact for pricing
35-20 108th Street, Corona, NY 11368
Three four-story walk-up buildings offer 49 residences, two retail units, and additional antenna income in Corona.
Property Size39,352 SF
Days on Market109
Property Features for 35-20 108th Street
General Information
Standard status
Active
Size
39,352 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
49
Building Details
Stories
4
Listing Agency:
Ariel Property Advisors
(212) 544-9500
Listed By:
Alexander Taic · License #NY 10401252134
Source:
Crexi
Added: Apr 23
Changed: Aug 8
Last Checked: Jul 21 at 12:31PM
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 Ariel Property Advisors
Investment Insights
Based on property information with market context.
The Queens Multifamily Portfolio consists of three four-story walk-up buildings containing 49 total residential units plus 2 retail units, along with additional income from two antenna installations. The unit mix includes 1 three-bedroom, 12 two-bedroom, and 36 one-bedroom apartments. There are 2 free-market units and 47 rent-stabilized units.
All buildings are described as well-maintained and generate stable income, with very low vacancy. The portfolio is positioned with the three properties located within an eight-block radius in Corona, and the buildings are within a fifteen-minute walk of each other. Public transit access is provided by the 7 train running along Roosevelt Avenue, which is available at three stops: Junction Blvd., 103rd St.-Corona Plaza, and 111th St. The offering also notes near-term upside related to preferential rents that could be utilized in the future for the rent-stabilized units.
All buildings are described as well-maintained and generate stable income, with very low vacancy. The portfolio is positioned with the three properties located within an eight-block radius in Corona, and the buildings are within a fifteen-minute walk of each other. Public transit access is provided by the 7 train running along Roosevelt Avenue, which is available at three stops: Junction Blvd., 103rd St.-Corona Plaza, and 111th St. The offering also notes near-term upside related to preferential rents that could be utilized in the future for the rent-stabilized units.
Key Highlights
- Queens multifamily portfolio: 3 four‑story walk‑up buildings with 49 residential units and 2 retail units
- Total building area of 39,352 gross SF across the three properties
- Unit mix includes 1 three‑bedroom, 12 two‑bedroom, and 36 one‑bedroom apartments
Property Analytics
Current Use
Lease Details
49
Residential units
Location Intelligence
Trade Area within ½ mile
3,444
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three four-story walk-up buildings offer 49 residences, two retail units, and additional antenna income in Corona.
Where is this apartment building located?
The property is located at 35-20 108th Street Corona, NY.
What are key features of this property?
This property features: Queens multifamily portfolio: 3 four‑story walk‑up buildings with 49 residential units and 2 retail units; Total building area of 39,352 gross SF across the three properties; Unit mix includes 1 three‑bedroom, 12 two‑bedroom, and 36 one‑bedroom apartments
