Apartment Building with Separate
For Sale
$1,890,000
43-12 104th Street, Corona, NY 11368
Residential, Corona, NY
Property Size6,010 SF
Lot Size0.06 Acres
Price / SF$314.48
Days on Market410
Property Features for 43-12 104th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6B
Bedrooms
7
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 4, Bedroom 6, Bedroom 7, Bathroom 7, Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Bathroom 3, Bedroom 2, Bathroom 5, Bathroom 6
Interior features
Refrigerator, Stove
Basement
Full
Subdivision
Corona
Standard status
Active
Size
6,010 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
960
Building Details
Year built
2005
Floors in Building
4
Number of units
7
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
Tiger Realty
Listed By:
XueYan (Maggie) LI
(917) 708-9966
Added: Sep 15, 2025
Changed: Oct 22
Last Checked: Oct 29 at 2:06AM
MLS# 495780
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 6,010-square-foot apartment building in Corona, Queens, was built in 2005 on a 0.0574-acre lot. The brick property has a flat roof and includes hardwood and tile flooring, refrigerators, and stoves. The room inventory includes seven bedrooms and seven bathrooms, while separate boilers and water heaters serve the building’s residential spaces.
Located at 43-12 104th Street, the property carries R6B zoning and is identified within Queens County. The listing reports a cap rate close to 5.5%.
Located at 43-12 104th Street, the property carries R6B zoning and is identified within Queens County. The listing reports a cap rate close to 5.5%.
Key Highlights
- 6,010‑square‑foot apartment building on a 0.0574‑acre lot
- R6B zoning in Corona, Queens
- Built in 2005 with brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$146,911
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,938,220
$2.9M
Cap Rate 7%
$2,098,729
$2.1M
Cap Rate 9%
$1,632,344
$1.6M
Market Conditions
NOI Build-Up for 6,010 SF
Gross rent
$277.7K $46.20/SF
− Vacancy
−$10.6K −$1.76/SF
EGI
$267.1K $44.44/SF
− OpEx
−$120.2K −$20.00/SF
NOI
$146.9K $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%
$2,938,220
Cap Rate 7%
$2,098,729
Cap Rate 9%
$1,632,344
Alternative Uses
Best Use
Apartment 5plus
$2.10M
$1.84M – $2.45M
NOI $146,911 @ 7.0% cap · market cap 7.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.43M
$3.88M – $5.17M
NOI $310,145 @ 7.0% cap · market cap 16.41%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
3,809
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - R6B-zoned multifamily building with brick construction, separate boilers, and individual water heaters.
Where is this apartment building located?
The property is located at 43-12 104th Street Corona, NY.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: 6,010‑square‑foot apartment building on a 0.0574‑acre lot; R6B zoning in Corona, Queens; Built in 2005 with brick construction
