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Duplex Property
For Sale
$1,998,000

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 Market140

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: Aug 3 Last Checked: Aug 5 at 4:08AM

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 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 For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $140.4k $46.20
− Vacancy −$5.3k −$1.76
EGI $135.1k $44.44
− OpEx −$60.8k −$20.00
NOI $74.3k $24.44
3,040 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.06M
$928.9K – $1.24M (±1% cap)
NOI $74,311 @ 7.0% cap · market cap 3.72%
Second Best
Multifamily LT 5
$718.8K
$629.0K – $838.6K (±1% cap)
NOI $50,317 @ 7.0% cap · market cap 2.52%
Theoretical Best
Office A
$2.24M
$1.96M – $2.61M (±1% cap)
NOI $156,879 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Acupuncture Carpet & Flooring Store Skin Care Clinic Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,453
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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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 $1,998,000.
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
More about this property
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