Four-Story Duplex with
For Sale
$1,090,000
47-19 99th Street, Corona, NY 11368
Residential, Corona, NY
Property Size3,100 SF
Lot Size0.03 Acres
Price / SF$351.61
Days on Market1012
Property Features for 47-19 99th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6B C1-3
Bedrooms
4
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 4, Bedroom 4, Bedroom 2, Bedroom 3
Interior features
A/C Unit - Window, Microwave, Refrigerator
Basement
Finished
Subdivision
Corona
Standard status
Active
Size
3,100 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
9874
Amenities
hardwood floors
finished basement
private backyard
Building Details
Floors in Building
4
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
XiaoMei(May) He
(718) 612-3088
Added: Jan 21, 2024
Changed: Oct 21
Last Checked: Oct 29 at 6:06AM
MLS# 479367
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 legal two-family duplex is a four-story, semi-detached brick residence built in 2006. The 3,100-square-foot property includes four bedrooms, five bathrooms, hardwood flooring, and a finished basement with high ceilings, a full bathroom, and a separate entrance. Window A/C units, a refrigerator, and a microwave are included. Heat and hot water are separately metered, and the home has a flat roof and a private backyard.
The property is located near shops, restaurants, and public transportation in Corona, Queens. It carries R6B C1-3 zoning and sits on a 0.0285-acre lot. The residence is scheduled to be delivered vacant at closing.
The property is located near shops, restaurants, and public transportation in Corona, Queens. It carries R6B C1-3 zoning and sits on a 0.0285-acre lot. The residence is scheduled to be delivered vacant at closing.
Key Highlights
- Legal two‑family semi‑detached duplex
- 3,100 square feet across four stories
- Finished basement with high ceilings, full bathroom, and separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,778
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,515,560
$1.5M
Cap Rate 7%
$1,082,543
$1.1M
Cap Rate 9%
$841,978
$842.0K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$143.2K $46.20/SF
− Vacancy
−$5.4K −$1.76/SF
EGI
$137.8K $44.44/SF
− OpEx
−$62.0K −$20.00/SF
NOI
$75.8K $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%
$1,515,560
Cap Rate 7%
$1,082,543
Cap Rate 9%
$841,978
Alternative Uses
Best Use
Apartment 5plus
$1.08M
$947.2K – $1.26M
NOI $75,778 @ 7.0% cap · market cap 6.95%
Second Best
Multifamily LT 5
$733.0K
$641.4K – $855.2K
NOI $51,310 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$2.29M
$2.00M – $2.67M
NOI $159,975 @ 7.0% cap · market cap 14.68%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,498
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?
Duplex - Legal two-family brick residence with separate utilities, finished lower level, and private backyard.
Where is this duplex located?
The property is located at 47-19 99th Street Corona, NY.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: Legal two‑family semi‑detached duplex; 3,100 square feet across four stories; Finished basement with high ceilings, full bathroom, and separate entrance
