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20-Unit One-Bedroom Apartment Building
For Sale
Contact for pricing
Pending

40-15 99th Street, Corona, NY 11368

Well-maintained 20-unit building with updated boiler, roof, and intercom, featuring one-bedroom apartment layouts.

Property SizeContact for details
Days on Market149

Property Features for 40-15 99th Street

General Information

Standard status Pending
Property subtype Special Purpose

Additional Details

Business Included Yes
Multifamily Units 20

Building Details

Tenancy Multi
Listing Agency: Century 21 Sunny Gardens Realty Inc
Listed By: Nilo De La Torre · License #NY
Source: Crexi
Added: Apr 11 Changed: Aug 25 Last Checked: Sep 5 at 9:12PM

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 Century 21 Sunny Gardens Realty Inc

Investment Insights

Based on property information with market context.

This well-maintained 20-unit apartment building is configured with (1) bedroom apartments. The property has been updated with a boiler that is approximately 4 years old, dual use for gas or oil, along with a roof that is about 5 years old and reported to be free of leaks. Additional improvements include a newly installed intercom system, newly cemented front and sidewalks, and each apartment having its own circuit breakers box. One unit is occupied by a live-in super.

The building is offered for sale with reported annual income of $283,335.00, total expenses of $91,447.88, and net income of $191,907.12. The public remarks also note annual income of $313,736.28 without applying preferential rates.

Location is described as convenient to transportation and shopping, supporting steady tenant demand for one-bedroom units.

Key Highlights

  • 20‑unit apartment building with (1) bedroom units; one unit is occupied by a live‑in super
  • Boiler is 4 years old and dual use (gas or oil)
  • Roof is 5 years old and reported to be free of leaks

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

20
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,056
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 - Well-maintained 20-unit building with updated boiler, roof, and intercom, featuring one-bedroom apartment layouts.
Where is this apartment building located?
The property is located at 40-15 99th Street Corona, NY.
What are key features of this property?
This property features: 20‑unit apartment building with (1) bedroom units; one unit is occupied by a live‑in super; Boiler is 4 years old and dual use (gas or oil); Roof is 5 years old and reported to be free of leaks
(347) 996-7272 Call to check price and availability
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