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Four-Unit Brick Quadplex
For Sale
$1,725,000

40-54 97th Street, Corona, NY 11368

Commercial Sale, Corona, NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market11

Property Features for 40-54 97th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R6B
Parking features On Street
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Standard status Active
APN 01605-0028
Lot size 0.05 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 32496

Utilities

Sewer type Public Sewer
Heating system Baseboard
Cooling system Multi Units
Water source Public

Building Details

Year built 1988
Number of units 4
Building materials Brick
Buildings 1
Listing Agency: Douglas Elliman Real Estate
Listed By: Tayler E. Mollitor · License #10401272732
Added: Oct 21 Changed: Oct 29 Last Checked: Oct 31 at 5:06PM
MLS# 1065550

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 1988 brick quadplex in Corona contains four apartments across three stories. The units are occupied, and tenants are current on rent. The property is offered in as-is condition, with baseboard heating and multiple cooling units.

Zoned R6B, the building has public water and sewer service. On-street parking is available, and public transportation, shopping, dining, and neighborhood services are nearby.

Key Highlights

  • Four occupied apartments; tenants are current on rent
  • Three‑story brick building constructed in 1988
  • R6B zoning

Property Analytics

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

Lease Details

4
Residential units

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
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?
Quadplex - The three-story building has four occupied apartments and an updated heating system.
Where is this quadplex located?
The property is located at 40-54 97th Street Corona, NY.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: Four occupied apartments; tenants are current on rent; Three‑story brick building constructed in 1988; R6B zoning
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