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6-Unit Brick Apartment Building
For Sale
$999,000

40-15 102nd Street, Corona, NY 11368

Six two-bedroom apartments with a mix of free-market and rent-stabilized occupancy, delivered as-is with tenants.

Property Size4,350 SF
Days on Market98

Property Features for 40-15 102nd Street

General Information

Standard status Active
Size 4,350 SF
Property subtype Commercial
Zoning R6B

Taxes and HOA fees

Annual Taxes $35,428

Building Details

Building Size 4,350 SF
Year Built 1974
Units 6
Listing Agency: Winzone Realty Inc
Listed By: Jozsef Juhasz
Source: Alexandermadisonhomes
Added: May 26 Changed: Aug 28 Last Checked: Aug 29 at 10:19AM

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 six-family brick apartment building contains six two-bedroom apartments and was built in 1974. The property is delivered as-is with tenants, including two free-market apartments and four rent-stabilized apartments; no apartments are subject to rent control. The building is zoned R6B and measures 25x58.

Located at 40-15 102nd Street in Corona, the property is near the #7 train and Roosevelt Ave. The reported cap rate is 6.8%.

Key Highlights

  • Six‑family brick apartment building with six two‑bedroom apartments
  • Two free‑market apartments and four rent‑stabilized apartments
  • No apartments subject to rent control

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Hair Salon Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

1,244
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Six two-bedroom apartments with a mix of free-market and rent-stabilized occupancy, delivered as-is with tenants.
Where is this apartment building located?
The property is located at 40-15 102nd Street Corona, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Six‑family brick apartment building with six two‑bedroom apartments; Two free‑market apartments and four rent‑stabilized apartments; No apartments subject to rent control
More about this property
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