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Duplex Property
For Sale
$1,829,000

37-21 104th Street, Corona, NY 11368

A residential income property in Corona with a two-unit configuration and a 1931 construction date.

Property Size3,040 SF
Days on Market231

Property Features for 37-21 104th Street

General Information

Standard status Active
Size 3,040 SF
Property subtype Duplex

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $9,942

Building Details

Building Size 3,040 SF
Year Built 1931
Listing Agency: Winzone Realty Inc
Listed By: Angela Paguay
Source: Barbieliteam
Added: Mar 19 Changed: Oct 31 Last Checked: Nov 3 at 11:44AM

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

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Investment Insights

Based on property information with market context.

This duplex property is located at 37-21 104th Street in Corona, NY 11368. The building dates to 1931 and is classified as a residential income property, offering a two-unit configuration for ownership or investment use.

The property is situated near transportation, shopping, schools, restaurants, and major highways. Its Queens location provides access to a range of everyday services and transportation connections while maintaining a residential setting.

Key Highlights

  • Duplex property with a two‑unit configuration
  • Built in 1931
  • Located at 37‑21 104th Street, Corona, NY 11368

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$74,311
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,486,220 $1.5M
Cap Rate 7%
$1,061,586 $1.1M
Cap Rate 9%
$825,678 $825.7K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$140.4K $46.20/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$135.1K $44.44/SF
− OpEx
−$60.8K −$20.00/SF
NOI
$74.3K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,486,220
Cap Rate 7%
$1,061,586
Cap Rate 9%
$825,678

Alternative Uses

Best Use
Apartment 5plus
$1.06M
$928.9K – $1.24M (±1% cap)
NOI $74,311 @ 7.0% cap · market cap 4.06%
Second Best
Multifamily LT 5
$718.8K
$629.0K – $838.6K (±1% cap)
NOI $50,317 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$2.24M
$1.96M – $2.61M (±1% cap)
NOI $156,879 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,354
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A residential income property in Corona with a two-unit configuration and a 1931 construction date.
Where is this duplex located?
The property is located at 37-21 104th Street Corona, NY.
What is the asking price?
The asking price for this property is $1,829,000.
What are key features of this property?
This property features: Duplex property with a two‑unit configuration; Built in 1931; Located at 37‑21 104th Street, Corona, NY 11368
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